News: Sorry, everyone - boobs neither confirmed nor denied at this point.
Tomonobu Itagaki, creator of Dead or Alive and Ninja Gaiden, announced yesterday that he and his team are working on a new project. This unnamed project will be revealed at next week's E3.
Itagaki, Chief Technical Officer and Game Design Lead at the newly-formed Valhalla Game Studios, is ?eager to hear your reactions to what I have to show you,? and says that these kinds of announcements make his ?heart pound with anticipation.? It's great to see him so excited and passionate, and frankly, I'm glad he didn't make it an anti-climactic post on the Internet and is instead waiting for the drama and electricity of making a big reveal at E3. +10 to classy for you, Itagaki.
source: Valhalla Game Studios