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BTW, for what it's worth, I found this post on Nintendo World Report concerning this. This is from one of the staff members there.

"It seems to me like IGN got the standard PR response from Tecmo. Their hands are clearly tied. I just don't see how IGN takes the word of Tecmo alone and some statement made from Reggie a year ago, put it together and deduce that the game will never come out here.

Until everyone involved comes straight out and says "We will never release this in America" I don't believe this for a minute. You know what, as a matter of fact, if we don't hear anything before E3 I will make it my personal mission to find out what's going on with this game for you guys. "

Nick DiMola: PR Manager, Previews Editor

Link: http://www.nintendoworldreport.com/forums/index.php?topic=25214.msg501990#msg501990