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HellGate London resurrection, really?

It looks like someone has resurrected a game that was long gone, HellGate London.  I just stumbled on some news about this game called HellGate London yesterday. It was made by Flagship Studio and people that we know when I was at ArenaNet. Well, long story short, ArenaNet founders are former high profile Blizzard Entertainment Employees. They were the mind behind Starcraft and World of Warcraft if you guys don't know. Then I got hire to go GuildWars with them, and it becomes a smash success from the launch of the first GW.
Anyway, Flagship studio founders also left Blizzard Entertainment and begin work on Hellgate: London. The game originally came out in 2007, but the development studio filed for bankruptcy shortly after that. The game ran on a subscription-based model that cost players $10 a month, with an option to buy a lifetime subscription for $150.
Though when I first saw HellGate London design and trailer way back when it was still under development. I really like it, but it somehow flopped because who knows what.

The game disappeared since Flagship went bankrupt in 2009.
Then I saw an article from some tech blog. Now, HanbitSoft and T3Fun are ready to bring Hellgate back to the world as a free-to-play game, and anyone interested in checking it out can sign up for the beta set to begin on June 3, 2011.

Here is a trailer way back in 2006

Look very nice way back in 2006.

Well, good luck guys!  ;-)