Not the biggest fan of Pokemon fan games,
but I have dabbled in creating my own,
and holy moley is this pretty awesome:
http://www.youtube.com/watch?v=tM1-9kpLeoc
Would actually prefer this over what the official company has done.
Have to check it out whenever you can.
Any indie projects have caught your interests at the moment?
. . .
[Edit:] Also, here's the official site of the project: http://www.indiedb.com/games/pokemon-generations