Mike Pondsmith, creator of Cyberpunk 2020 (among other noteworthy games) talks up the currently in development Cyberpunk 2077 computer game

http://www.youtube.com/watch?v=sPZxkhLoukI

It's still early development and alot of these projects die on the vine, but it sounds intriguing and exciting.

It looks like it will be a First Person or Third Person Adventure/Action RPG style game, given the list of influences they have in the dev blog.  

Features that have been announced are:

Story

• You’ll be able to create a character from the ground up and then experience Night City as a totally open world setting.
• It will be a rise-to-power story about "someone who rises from a filthy gutter to stand against a hostile world." Game will be a story-driven experience set in an open world environment, which will be driven throughout by player choice.
• It will be non-linear.
• Story will mainly focus on contemporary issues, and the world we will present is a kind of filter for those things.

Gameplay

• Advanced RPG mechanics based on PnP RPG system upgraded to the 2077 setting.
• Huge arsenal of weapons, upgrades, implants and cool high-tech gadgets.
• Takes place in a Sandbox environment in Night City.

Representation

• The city is being designed so it doesn’t look like a purely futuristic metropolis. Older elements of buildings will be mixed in with more modern structures to make it look like the city was built in layers to create a more realistic, Blade Runner-esque style.
• Significant amount of detail built into the weapons, similarly to the ones used in the Teaser Trailer.
  
• CDPR draws inspiration from several games, e.g. System Shock, Fallout 2 and more.
• Both the city and game world will be vast, and not feel restricted.

Developer Promises

• CDPR are trying to let the player print your character sheet from the PnP game.

Given that last one, I hope we'll see an accompanying updated RPG from Mike Pondsmith that coincides with the new computer game, especially with the option to print your character sheet from the computer game.

A part of me thinks "this is too good to be true" and another part is squealing in anticipation. It will likely be several years before it's finished, but I have to say, this is one of the few upcoming projects that's really caught my interest.

You can see a poster of Alt in the most recent promo trailer at 0:43. Blatant, but so goddamn effective.

I hope they draw very heavily on System Shock and Deus Ex.

If they make that game as moddable as Skyrim, it will be the timesink that ends Western Civilization.