Yes it´s true! The project Blender - Apricot released a playable demo!

There is still a long way to finish the job, but it´s possible control the character, jump, fly and walk around scenario.

And, of course, you can download the .blend and run the demo version.

Take a look on the preview video:

You can also download the video and .blend files:

Download OGG Video (13meg)
Download packed Blendfile (57meg, doesn´t work on blender 2.46)

There is a detail: to run the demo you need to download a blender version that has the features developed for the Apricot project.

You can look for one Blender version at  graphicall , just look for a Blender - Apricot version.

More information can be read on the official post at Apricot home page.