Not exactly an indie game, but close enough and awesome enough that I must mention it. Paul Robertson, living legend in the pixel art community and creator of the insanely badass music video “”http://probertson.livejournal.com/18096.html">Pirate Baby’s Cabana Battle Street Fight 2006," has released a trailer for his new movie, called King of Power 4 Billion %. It’s in FULL COLOR.
Links: YouTube Trailer, High-Def Trailer (MOV)
I heard rumors a while back that he was involved in a game project, too, but I don’t know how true that is.