Site reader NJFox sent in a video showing progress on his Krystal fangame, Star Fox Adventures 2. Taking place on Sauria, Krystal travels the land upgrading her Staff, fighting enemies, and even flying with a CloudRunner. Her goal: find the missing Arwing parts to repair her Arwing. The game is still in the very early stages and needs a lot more work and polish. However, given how difficult a 3rd person game is to develop, I'm pleasantly surprised at how far he's gotten in a few months of effort.
If you want to try the game yourself, NJFox has uploaded version 3 of the Windows Unity3D game to Google Drive. The demo in the video above is from version 4, which has not yet been released.
I'm sure NJFox will give us more information in the comments about his progress and future plans.