apparently Saban was interested in making a Captain America cartoon back then. I presume due to the success of the X-Men and Spider-man cartoons. I'm kind of surprised this wasn't made, since it seems a natural for the time period.
it looks like it was set in the 40s though. nice to see Cap smiling. seems like superheroes never smile any more these days, at least in comic books. I would have watched it. and the surprise is that Bucky is present there.