I'm stoked as hell for this. The TMNT are just one of those things I'll always love no matter how out of style they get. Turtles In Time blew my mind when I first played it in the arcades. It's hard for the younger audience who started with a Playstation or a N64 to understand, but there was a time when "IT LOOKS JUST LIKE THE CARTOON!" was the height of praise.
The build that they have playable at the TMNT25 Tour is said to just be an Alpha, so it's still a ways off but I can't wait. Bionic Commando Rearmed showed what a good remake can do.