Star Carnage is an action RPG "roguelike" based of of classsic RPGs, like Star Control 2 and Master of Orion. It is a passion project of John Battagline, the steward of Infinite Urquan Masters source code, creator of RogueMON, and owner of 24/7 Games.
The game is currently in the final throes of development, and is slated to come out "real soon". Here's an old gameplay trailer:
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