Since I know that there are tons of projects here being made with RPGMaker and you're all interested in nostalgia and lots of the people here like Earthbound...
Here's something I'd like to share with you folks.
EAGLELAND (working title)
'Ere's a video.
'Ere's the thread about it (complete with screenies) in Starmen.net
http://forum.starmen.net/forum/Fan/Games/EAGLELAND (http://forum.starmen.net/forum/Fan/Games/EAGLELAND)
I'm really excited about it. It's up on a higher priority of waiting and monitoring than Mother 4 the Fangame.
This looks great so far! I really enjoyed both EarthBound and Mother 3. I've heard of Mother 4, but have only looked at it in passing, as typically even the best of fan games can't quite capture the feel of a professional product (although I would love to be pleasantly surprised, of course.) I'll be sure to keep an eye on this one and give it a try once it's released.
I feel that this game is a combination of the best bits of Mother 1, 2 and 3.
It mixes it around.