Haven't watched this but follow the nes dev scene closely, and I'm looking forward to this.
Some other good new releases(all three of these are freely downloadable):
Project blue: http://forums.nesdev.com/viewtopic.php?f=33&t=16785
Star Evil and FF: http://forums.nesdev.com/viewtopic.php?f=33&t=16993
For anyone interested in doing some new programming, I recommend starting with nesdougs tutorials, which'll get you started with a dev environment in c:
And checking out forums.nesdev.com in general.