Fusco says
“This introduces a new generation of star-crossed lovers, and a new series of antagonists in a battle of good and evil. It has a Knights Errant quality. There is an alternate universe in the books, a martial forest that exists alongside the real world, full of wandering sword fighters, medicine men, defrocked priests, poets, sorcerers and Shaolin renegades. It’s so vast and rich, and I found characters from the second and third books in the series to create a most interesting stew while being as true to the source material as I could be.”
How good this ends up being will be a mystery, though I seriously doubt it will approach Crouching Tiger in quality. I say that not as a pessimist, but a realist. I can be perfectly fine on its own laurels, but it will be burdened with the association to the original classic.