The teaser website for the game has been updated with a flash movie showing artwork of Chun-Li, Ryu and other characters moving across the screen and announcing the game's new name. It seems like Simon Belmont from Castlevania is also among the ranks along with some generic Asian-style characters. However what it actually is in terms of game play or genre remains unknown. Could it be a Street Fighter MMO?
We'll keep you updated but given the announcement that The9 are suing Blizzard, it's really no surprise that this new title has taken such a drastic change. How Capcom feel about this, however, remains to be seen.