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matt247 said:
New ip is probably the 360 exclusive they said they've been working on in the past

 

That ship has sailed, it went with Itagaki. Just be happy if you get a game from them from now on, let alone anything exclusive. Online co-op though, Itagaki got pwned by Team Ninja, hopefully Sigma 2 will not be the beta build which the 360 version was. Think MS tried to rush it out to compete with MGS4 and we all know how that turned out.