Keep checking back here to find out the state of the game's development. As I get things finished I'll indicate it here. Green means that part is up and fully running. The percentages are a ballpark figure, but it'll give you an idea of where things are at.
CODE:
Game Engine 
100%
Screens 
20%
Background 
90%
Player Craft 90%
Friendly Craft 20%
Enemies 
60%
Weapons 50%
GRAPHICS:
Valkyries:
VF-1X 100%
VF-11 
98%
VF-19 
70%
Other Variable Fighters 
0%
UN Spacy Target Drone 100%
Friendly Craft:
Cat's Eye Recon Plane 100%
Star Goose Shuttle 100%
Enemies:
Battle Pod 100%
Officer's Pod 100%
Power Armor 70%
Fighter Pod 100%
Other Zentradi Craft 0%
Weapons 
40%
Backgrounds 40%
Foreground Objects 20%
SOUND:
Valkyries 
10%
Enemies 0%
Weapons 10%
Screens 0%
Music 0%
Misc. 0%