Since there's fuck all to look forward to when it comes to Mega Man these days–much less X–let's talk about what the fan devs are working on.
Exhibit A: Mega Man X Corrupted
https://www.youtube.com/watch?v=eIMyDCAhpQw
This is probably the most ambitious one out there. Boasting a Metroid map that emphasizes exploration over linear level design, this game is being developed in Flash and will allow you to either collect and mix armor parts for X or rack up sick combos with Zero, the latter of which brings his moveset from the Playstation games into the 16-bit world, plus all the new abilities he'll learn from bosses alongside X. There is a ranking system that classifies either hunter like in the later X games, and you'll also be able to use or unlock X's Ultimate Armor to use, but something even better's coming back that both can use: Ride Armors.
This one's been in development for a while, and already has a solid, sorta ambient rock soundtrack and sweet fan art you can check out on YT, along with the gameplay demos. I'm looking forward to it, although not as much as I used to. The Giga Wheel video was okay, and once again I'd rather a game that focuses on developing X's gameplay into something we haven't seen yet and tell Zero to fuck off for a change. Still, this is clearly a love letter to all of the sidescrolling X games, and I'm no one to tell JKB what to do.
https://www.facebook.com/JKBGames
https://www.youtube.com/user/jkbproductions
Exhibit B: Mega Man X Eclipse
https://www.youtube.com/watch?v=kuLou0Bo86s
This one's already got a one-stage demo going, and it appears to be a traditional X game that focuses on X. I haven't played this one yet or know much about it, but it looks like exactly what I was asking for. Plus I like the soundtrack better than Corrupted, so that's a good sign. Scorch Raptor could use a facelift.
http://mmxeclipse.blogspot.com/
https://www.youtube.com/user/MMXProjectEclipse
Feel free to get into these or post up some other ones that look good.