The interview's got me more excited than ever about this thing-- apparently Penny Arcade and Hothead studios actually polled people on their site about what their favorite games were, and based on that, they came up with a point-and-click interface (a la the old LucasArts adventure games) combined with an RPG-style battle system (as in Final Fantasy and Chrono Trigger, which is one of my favorite games ever). That sounds great!
As stated before, the game will be available in episodes downloaded from the website, and you'll be able to create a character that you play across the episodes. Sounds really fun-- the end of the year never seemed so far away.
[ via Inside Mac Games ]