The highly talked about feature film project "Bloodspell" of Strange company (founded by machinima.com's editor in charge, Hugh Hancock) has just released their trailer for download.
Using the game "Neverwinter Nights", Bloodspell is " the largest Machinima film ever created." as the bloodspell site states.
Undoubtely, bloodspell is the first machinima movie to officially make use of the creative commons license, allowing people to freely redistribute and remix the movie as they wish.

The finished movie is set to be released in episodic form starting somewhere at the end of the year.

Go check out the project here.