MS. Paris jet "revived"

This could fit into Historic, Military or General Aviation Forums…
so I’ll put it here some more people will see it..

Some American investors had cornered the market on the old MS 760 Paris jet, buying airframes and parts from EADS with the hope of selling modernized versions as very light private jets.
Current plans are to re-engine them by replacing their ancient Turbomeca turbojets (a very shrill noise as anyone who has heard a Cessna T-37 can attest) with a modern turbofan.

Here’s the complete story from Aviation Week…
http://www.aviationweek.com/aw/generic/story_airshow.jsp?channel=busav&id=news/NBPARIS102209.xml&show=nbaa2009