This game has taken 10 years to make. It's the unofficial Kings Quest VIII which was shut down twice, once by Vivendi Games and anther time by Activision but both cases were resolved. I have been eagerly waiting for it's release since it's first announcement in 2002.

Episode 1 is out and you can download it here
http://www.tsl-game.com/

I beat it already and I'm not going to comment much on it but unfortunately I'm hardly satisfied. The whole time I played I was becoming more and more disappointed the further I progressed. I know it's free and fan-made and I understand how hard it is to create a game (I've been part of a few half-life modification teams before, although I understand how different that is). Using 3d engine for a kings quest game was a horrible idea IMO.