From Shining Force Central:
Ok, well we are making a Fan-made game. It is made by an engine like other fan-games. Anyway There is going to be the top 20 best battles ever to be played the SF series. and you can pick any character you want that is on the list. There will be 10 SF characters from each game. We will be re-creating these battles into more of a fire elebem type battle feild.
See the topic at SFC.
From the Shining Flash website.
A SF Console demo is now available in the member’s area. This is the first demo ever for this program. It is a game editor which you can use to create maps with characters, chests, hidden items.. etc.
Here’s two screenshots for your viewing pleasure:

More screenshots of the upcoming PS2 game have been posted on the official Shining Force homepage. Check them out!
I have to admit that it doesn’t look very turns-based from the shots, but I’ll reserve judgement until I’ve seen it moving.
At last, Sega have decided to show off its brand new Shining Force game for the PlayStation 2. Expect more screenshots to follow shortly :)
Click me and enjoy.
AT LAST!
Cortez posted a request on Ye Olde Blah not too long ago. Although his project is in quite a far stage, he is in desperate need of people to help with graphics ripping:
For those who’re not aware that there’s already an engine for the game: uses SDL, is cross-platform, C++/some i386 asm, opensource, gpl’ed. Only battle engine & AI is missing.
I have not abondened the project. People who have promised to help me bout specific things abandoned me. There’s no progress, because there’s no one who’s gonna rip the graphics for me, and make the maps (I’ve written a map editor too). Sir Phill was going to do this, but somehow changed mind.
Well, anyway. I’m telling to those who want to see this game remade: I’m not going to rip graphics, make maps & tilesets, rip sound, etc. I will only write the program. I’ve found a friend who may do z80 disassembling. If you want to see progress, do a data ripping job. If there’s no one who’s eager to take this job, this project is hereby canned.
In case there’s someone who’s gonna help, my uni’s going to start soon, depending on my exam periods, there may be delays too. Otherwise, you already know.
If you are interested in ‘saving’ the SFFC remake by doing some simple graphics rippage, feel free to respond here!
The thread also contains additional links to the latest release, by the way :).