Nope, it follows the path of a young Shadowling who would like to joing the Assassin's Cult and tries to prove himself worthy. It's a platformer and you can already use the Shadowport ability (which would make it interesting and a bit of a challenge to design good levels on it).
The old forums have a section on this game, if you want to see what the original posts were about, and you can try an early build of the engine as well.