I don't think that you alone would be able to keep the project up. Although Spoon made WoD by himself, he had just one project to work on. MT is too big for such a small team. You can, of course, keep working on it, assets no longer being exclusive shouldn't be much of a problem (afterall, CoW uses only public assets). Projects have been releasing their assets anyway.
Even with the storyline and mission drafts out, nothing is stopping us from picking the project up again, as SVN and internal board are still there (though SVN certification could use updating).