Look at the blog magets
http://news.quelsolaar.com/He has put up the client for download and you can stare at the title screen!
They also have a forum there now so we can whine for alpha keys.
If you don't know what LOVE is:
It's an open world mmofps with artsy graphics and only 200 people per server, all made by a single man. The world is a procedurally generated landscape with AI controlled cities and different kinds of terrain.

You can build your own stuff as well, but only around a monolith! You can place all sorts of neat structures like walls, radio towers, power sources, and even turrets.
(I think the town in the picture was made by the engine, not by players)