In gamestyle it could resemble the popcap game 'typing shark' or maybe more in te style of rtype.
In gfx it will be quite basic at first , but themable (probably)
It will focus more on speed than on accuracy or '10 fingers` stuff as to get a more enjoyable game :)
Currently there isnt much here , but you could look at the CVS for current source status, or glaze at the screenshots