I've been a long time mugen user but just started playing in the code this past year. I've been messing around with my own demo of sorts slowly sculpting a private marvel super heroes game using existing resources. At the present most bugs have been eliminated and it feels like a game, but it's somewhat inconsistent (hyper fx, block damage, etc.) After doing this for a while i realized how amazing it would be to have a competition level MSH remake with a fresh system and expanded roster+stages.
I'd like to get a team together to gain all the permissions from creators and/or their help in this endeavor. with a medium sized, talented team and the resources already present for mugen we could finish a full game in a relatively short time, and end with a quality production.
My friends and i have a blast playing on the edited compilation but my dream is a polished and balanced re-imagining of an arcade classic. It's very possible on my own but it would be a lot faster and most importantly BETTER as a concerted effort.
Please if you have questions, are interested in this project, or if you just think it's a mad horrid idea let me know.