In....Japan. But supposedly for 2010. So hopefully there will be an American release eventually.
The series will include newly-recorded live action Godzilla video sequences by director Koichi Kawakita (he did the spfx for the Heisei series.) There's pictures of the new live action stuff in the latest G-Fan magazine (mag for Godzilla and other Japanese sci-fi films.)
No info as to who's developing the game or anything like that. No screens of video game footage, only of the live action shots that will somehow incorporate into the game (cutscenes? Super-Godzilla style?) So all we can do is wait. But rest be assured, there are plans for a new Godzilla video game series in Japan, and it will feature some great new live action scenes.
BTW, the live action Godzilla design in these shots is very much like the Millennium Godzilla in case you were wondering. He is shown fighting Final Wars Gigan, Anguirus, and supposedly King Ghidorah as well, who is not pictured.
And also, out of respect for the magazine's exclusive story and to keep Godzilla fandom going strong, I will not be posting any scans of the magazine. Go out and buy yourself a copy, or subscription, to keep American Godzilla fandom alive! You can order one at www.g-fan.com.
Hope that didn't sound like too much of an advertisement, lol. But I think you get my point.
Pretty disappointing that this news is just for another Godzilla pachinko game. I was kinda hoping that it would be similar to what the TC mentioned...a Super Godzilla type of game. If you took the gameplay style from that title, but incorporated the idea of using live action footage, you could have a very, very cool game.