I liked Elite II loads, more than the original in fact. I wish the trading system and various missions had been more dynamic though. The new project sounds interesting; good luck to them.
I didn't actually realise there'd been an Elite III.
Limited by the time it was produced.. it is a miracle to see with what ressources programmers back then had to work to create games...
I remember having to futz around with one of the memory files in order to get Elite II to run on my PC when it came out. Something about only running in higher memory or something; can't really remember. I do remember getting it as a Christmas (or maybe birthday) present and not being able to run it until a few days later when I could ask someone technologically minded how to alter the file. These days, one would just do an internet search and find the answer immediately...