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If true, I honestly had no clue. Frankly the screen looked like an over the shoulder slash 'em up, more like Dynasty Warriors with an RE4 perspective than anything. Anyone have a link to that vid?

I'm guessing it has to be more in line with classic rail shooters (Star Fox, Panzer Dragoon, Sin & Punishment, etc) than new "on rails" games (HOTD, DQ Swords, Time Crisis, etc). If there's no degree of direct character movement, then there's no need for a radar and no it can be 3rd person with 4 player online...