Like CodeIgniter, FuelPHP will be keeping things simple but moving to a better PHP 5 syntax. Sounds like Kohana right? Well... kinda. Kohana got a lot of things right in 2.x but the 3.x re-write was a confusing one. [...] odeIgniter and Kohana are the two main frameworks FuelPHP is based around but all of the base code is original with only some small parts sourced from other places. We have taken a few ideas from Rails for parts like code generation but this will not be a huge complicated convention-based framework. The idea is if we can improve on CodeIgniter and Kohana a little then we already have a player in the world of frameworks.
He talks about the other members of the development team (Jelmer Schreuder and Harro Verton) as well as some of the cool features about the framework like its cascading file system, its use of HMVC, packages and the "oil" command line utility (that lets you do simple migrations).