Project Ukulele is Revealed as Yooka-Laylee. Get it?

Picture

Five ex-Rare guys plus are banding together to bring you the spiritual successor to Banjo-Kazooie, a 3D platformer that aims to take the reigns of the classic collectathon and bring it to the current generation.
Picture

The Kickstarter is launching tomorrow, but Playtonic Games already has gameplay footage and a very solid concept for the game in place. Yooka-Laylee will be released on all three major current generation consoles, as well as the Windows and Macintosh operating systems.
IGN has exclusive in-game footage of Yooka-Laylee, and the mechanics do indeed look very close to those in Banjo-Kazooie.
Picture

Source: Playtonic Games