The game's finally out, but only as a tutorial.
Long story short, the dev's computer crapped out, which only led to the tutorial being playable. They're planning on adding in the rest of the game through the following weeks via updates. The game itself does function, though. You just need to lower the screen resolution a bit.
>http://www.fusionfallretro.com/
If you already have the essentials for running the game, try it out yourself if you want.