Original Col will always be "The Game", as will Civ 1;
But it's time Firaxis relased the source code, so the game can finally be played smoothly on modern hardware without special tools, as well as without the ancient memory limitations, units disppearing during the game, etc. (Heck, they've made a WINDOWS version of the game, with inferior graphics but with all the 16 bits limitations. Makes tons of sense, doesn't it. I played the original in the 90's and believe me, that was upsetting even then.)
I have faith in Free Col, however, not as "Free Colonization", but as the project,which keeps eveolving towards making our dreams of Col 2 a reality; something that designers of the original Col or it's remake never cared to do.