I personally am quite pumped. No reason to shit on the musicians. Tim Owens has been in Judas Priest, Iced Earth and Malmsteen's band (among a dozen other projects). He has earned his stripes and come a long way from being in tribute bands. I mean, I'd say that's a more impressive resume then any of the folks here can cop to, aye?
Dave and Andreas are also great players and represent two of the best thrash bands.
I highly doubt Mike has an "angle". We know he's friends with Dave and this is probably just a chance for him to do something fun.
It's clear there's no money in this. This is something fun to do. Why does everyone have to get all heavy about it?