Netscape coming back from the dead?

It would seem AOL may be bringing Netscape slowly back from the dead, Mozillaquest.org is reporting that Netscape Desktop Navigator is in Beta at the moment early reports of this tool did mention it was using the IE browser engine but it *seems* that it is now using Mozilla, there has also been romours of AOL/Netscape bringing out Netscape 7.2 (last release was last year) it would seem this is also based on Mozilla (apparently Mozilla 1.7 build).
It would be great to see Netscape make a comeback as long as it's not like version 6.0 :P but for now I'll stay with Mozilla