If some people are still interested in this project: here's some bad news.
The project was just about to start with the Nexus Emulator team (The1Domo & NoFaTe). But there was way too many stupid people raging about sh*ts on the other emulator, the Bad Company 2 one.
So right now they decided to stop every project linked to Nexus and they shutdown the servers.
This is basically what happened, go check on their blog for more informations ( Emulator Nexus ).