I saw that, it looks cool. Recently I saw you can play FO 1/2 at higher resolution so curious how the game play will be like.
The higher resolution patches don't make the game look any 'better' but they do give you the option of running it in a resolution greater than 640x480. I've tried it and I don't really see an improvement, it just makes things harder to spot because everything is displayed smaller. They do include the option of 32-bit colour settings, but to behonest when I activate that it makes no difference whatsoever, I don't know if that's my error or what, but it's my personal opinion that high resolution isn't much of a visual improvement.
However I've heard of a project called 'Mutants Rising' but I can't seem to find out what it is 'exactly'. Then again I haven't looked into it much. But it hints at an artistic overhaul,
Ausir will probably be able to shed some light on it
As for graphical overhauls, or maybe from a different perspective, an engine overhaul, I can see this a possibility if a team thought it was worth their time. An upgrade based on Fallout: Tactics would be a good start, or even Van Buren if the engine is similar (I haven't seen any footage so I don't know).