Beta Bites has put up a preview of Starlancer, and it's not without the Wing Commander references. A selection:
For those of you that do not know who [Chris and Erin Roberts] are, they created the whole Wing Commander series, and the genre that has spun off from it. If you have ever played Wing Commander, StarLancer will feel like coming home. The key layout is very familiar (in fact, most space-sims seems to use the same layout. Unlike the Wing Commander series, there is no Full Motion Video. Instead, the FMV has been replaced with lots of Computer Generated sequences that allow for a smoother flow.
Lots being 20 minutes. The article comes with a few very familiar looking screenshots too. I just know this game is called Privateer : the Darkening 2 in some parallel universe. Thanks to ATFW.