Konami of America has officially announced what various sources have been buzzing about for the past two weeks: development is underway on a PlayStation 2 installment of Castlevania. Koji Igarashi is heading up a development team that is responsible for each of the most recent titles in the series, and is promising to completely reinvent the game.
http://www.rpgamer.com/news/Q1-2003/022403c.html
and about time too I say
