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Ssliasil said:

http://www.gametrailers.com/user-movie/evolution-of-heavenly-sword/89494

2003:-- First Trailer shown as a 360 Exclusive (before 360  release)

2004:-- Second trailer shown for 360 withnew artwork:--

2005:-- E3 2005, sony surprizes Fans by announcing Heavenly Sword will arrive for, and only for the Playstation 3 with a complete overhawl on the graphics engine, Ninja theory switched platforms due to technical limitations of the 360.

2007:-- Release Period for Heavenly Sword, one of the most well reknowned games this Generation.

Early 2008:-- Heavenly Sword 2 announced with no concept or trailer, but for both consoles.

Mid 2008:-- HS2 re-announced as PS3 Exclusive

late 2008:-- HS2 cancled due to eternal struggles of power, leaving the IP in Sony's hand...no planshave been announced on its future.

 

Will we see the sequel?

Technical limitations of the xbox 360.

It's interesting how some people like to delude themselves that both systems are equal in power, graphics and capabilities. Despite developers praising the playstation 3 as the superior console.