tirofijo!! pointed this out in the shout box, and I had a read. It's fast paced like UT, uses unrealengine and appears to have very similar movement options to UT2004.
Full game price is a "on sale" price at the moment.
I'm currently trying it offline and the bots are a bit pathetic at whatever level they're set at by defaults. I've no idea what the guns do yet - but it feels to me at first try a bit like half way between UT2004 and UT3 in deathmatch.
http://www.toxikk.com/editions/
