Hey everyone, I updated the OP with some info on the Setting and Story, so if you're interested, give it a read!
Furthermore we now have a name for the game, It's gonna be called: "Tales of Iluma"
Also I'm currently finishing up my little side project (Gameplay is in it's final stages, over half the dialogue is finished (with the rest being already planned) and for the purposes of speeding things up a bit you'll have some classic fire emblem music to accompany you). Also I learned a lot of things while on this little poject, which has actually made me do a lot of adjusting and clean up on the real game, so I'm happy about that.
I don't wanna promise a release date or anything (seeing as how that went last time) but I'm very otimistic you won't have to wait much longer.
Edit:
Y'know what, with me talking the entire time, I might as well show you some of the things I'm working on: