From the TIGSource forums:

"So, I've had an idea for a side-project I've been wanting to try for a while. For those who don't know, Godfrey Ho was a Hong Kong Z-Grade kung-fu director who would take unreleased asian movies, splice in scenes of white guys dressed as ninjas, and release the new frankenmovie to a world-wide audience.

"I want to apply his cut-and-paste technique to games. And that's where you come in. Do you have any unfinished and abandoned projects that you're willing to part with? Send them to me and I'll hastily fill in any missing pieces with ninjas and 80s style cheese."-- Alec S. (malec2b)

Looks like he's taking Flashpunk, Unity, and Game Maker games. The first of these games was just released, and certainly in the trainwreck spirit: