Well, it's actually just open for Beta which means there are still a few bugs and glitches to be taken care of but close enough
http://www.gamefaqs.com/boards/genmessage.php?board=920601&topic=51495697
Enjoy KOTOR 2 as it was meant to be!
EDIT: Well, at least Chris Avellone must be really happy....this game was messed up because of LucasArts and he seemed to have worked really hard on this game along with the rest of Obsidian.... Don't worry Chris, it's all ok now...
EDIT 2 : Corrected the title of thread to make it refer to the proper mod project...