I'm no huge SD Gundam Fan. That's not to say that there is anything wrong with SD Gundam. My hate mostly comes from the fact that Bandai decided, wrongly, to push SD Gundam in the US over the more serious Gundam Stories after the success of Wing and G. Not realizing, the fact that SD Gundam was doomed to fail in the US without the context of the previous shows because most it's humor is inside Gundam humor.
Regardless, this current project will probably never see the light of day in the US so there really isn't much to talk about on that front. Apparently there's been a fairly successful SD Gundam model series based off of the characters of the Chinese Epic "Romance of the Three Kingdoms."
"The Romance of the Three Kingdoms" is a very famous story in Asia and a favorite subject of anime writers to be retold. "" anyone? SD Gundam is probably the only Genre that hasn't touched on the story yet. That, and Moe. A Moe ROTTK would be awesome...