Yes, you heard correctly. Some seriously dedicated fans to the Earthbound/Mother series have taken it upon themselves to create Mother 4. Oh, and it looks awesome too.

"Mother 4 is a traditional RPG set in an idealized vintage America, following the adventures of a young boy and the leader of a biker gang, who get caught up in the whirlwind events surrounding a group calling themselves the Modern Men."

Travis, Meryl, Leo & Floyd are the new characters Mother 4 brings to the forefront and each one has a different backstory. The art style is fresh, yet very reminiscent of the Mother series. They recently launched the above linked trailer and set the release date for Winter of 2014.

Mother 4 will launch on Mac, Linux & Windows.

http://www.mother4game.com/