It is currently called a SpaceWar, but most likely will change in the future.

For game information, look for master of orion 2 info
Some things will change however, graphics, AI, Internet play, and many more changes will (hopefully) make game suit better for modern computers.

Latest additions:
-Sending fleets should be 100% complete
-Omniscient race pick, fleet scanning range
-Blocked passage through blackhole
-Long list of starnames
-Nebulas, that change shape realtime
-Some combat graphics

Download link:
Slower host, version 3.5.2005: http://www.freewebs.com/loknar/
Faster host, earlier version...: http://sacred.dk/user137/SpaceWar.zip

Screenshots below..