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Before I get too deep into this design, I want to run this past everyone to see if it resembles any existing typeface. I'd hate to put in a ton of effort to hear someone say "you know that looks like a knock-off of XXX Roman" etc. I like where it's going, but you know, I want to make sure.
And if you have any initial comments, have at it. But keep in mind I haven't yet touched the spacing/kerning.