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Gradius lives: Konami denies 'cancellation' rumor

Yesterday's overblown rumor regarding a spree of "cancellations" at Konami's Japanese headquarters have proven to be quite untrue. Konami has stated that all the previously listed games, including Gradius and the Wii's eagerly anticipated "Action Adventure 2," are still in the works. The chopped release lists printed in the pages of Famitsu and Dengeki have been attributed to simple error.

Unfortunately for fans of first-person shooters, Konami did not have a Phoenix Down to spare for Coded Arms: Assault.

[Thanks DBX00, yimtaka.]