I've made some progress with this new project, and I intend to finish it.
I have the playable characters planned out, and a story arc as well.
I will be using the standard VX Ace style sprites, and forward facing face graphics the generator provides. Of course, most of my custom graphics will be made in GCH: PE (which has been updated to 3.5 as of the day of this post), but there will be plenty of variety.
I currently have issues with some things, but I'll get them worked out.
I also am working on a button configuration script that will allow one to customize what buttons function as confirm, cancel, menu and dash, as well as debug functions so that those that wish to test with a gamepad can do so comfortably.
That's pretty much it for now.
Obligatory shout out to the best ever codex manager, @Kayzee; you rock, girl!