Nazghul, the 1990s style CRPG creation engine, has updated their page with a new version of Haxima. Haxima is basically a complete game created and scripted with the engine primarily as a showcase for what it can do. However, it is a complete game unto itself and has the following features:

• A complete, playable game
• U5-like game play
• Multiple characters in the player party
• Clone of U5 magic system, with some extras
• A sizable wilderness
• Several towns
• Several dungeons
• A main quest
• Several side quests
• Talking NPC's
• Scripted game world
• Open-source engine code

So, if you're looking for something to burn a little freetime or wanting to make something nifty yet old school, there you go. Oh, and there's some screenshots of it in action as well.