Okay. Time for a rollout:
Version 0.05 is done. It isn't really SRB2, as it runs off of my second project, Sonic Heroes' engine. It features:
Half a 3D engine test level
Crappy but managable jumping
Title Screen
Credits
PM me, and I'll give it to you. It IS crappier, though. More so than SRB2WEEN. You have been warned.