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Rumors: new Bionic Commando, and four RPGs from Level 5

The latest issue of Electronic Gaming Monthly's Quartermann rumor mill is coming with a fresh set of rumors to peruse. The juiciest hearsay is that Capcom's Bionic Commando, once rumored to be getting the remake treatment, is now being developed as a full-fledged installment for the PlayStation Network.

Dark Cloud developer Level 5, whose current PlayStation 3 project White Knight Story has been outside of the limelight since wowing us with footage from last year's Tokyo Game Show, is rumored to be announcing four new RPGs at this year's TGS in September. And they're not necessarily PS3 games, either.

Also mentioned? Incoming Dragon Quest remakes, but this isn't exactly a rumor since we heard Square Enix CEO Yoichi Wada explicitly say remakes were coming before Dragon Quest IX. The Quartermann does add some details, however, reporting that the first remake will be Dragon Quest IV for the DS.