I thought that i'd let you know now that I am, and have been for the past month or so, making a movie based on Wing Commander. The movie will be in the style of the cut-scenes seen in Wing Commander 3 and 4 and it will use ships from WC3/4 and some I have made myself. The title isn't thought of yet but the basic storyline has been layed out. It is basically about a rogue group of Kilrathi who attack the Confederation/Border Worlds with a makeshift fleet.
The movie will contain mainly space based action with some planet-sidescenes. The movie will have character voice overs with digital transformations (for Kilrathi) and will be released in both a DivX ;-)format and a smaller ASF format. So far a few test scenes have been rendered, models of the WC4 Hellcat and the WC4 Transport Ship have been built from scratch and textured. The movie will probably be ready later this year and and will get itself a homepage within the next week.
I'll keep you informed if you like and give you the details of my website when it is up and running. Here are some screenshots if you want to include any of them (sorry for bad quality, JPEG compression, I wanted to keep them small).