Might and Magic is coming back. Not Heroes of Might and Magic or Clash of Heroes, but straight up vanilla Might and Magic. Three days after teasing an announcement, Ubisoft has announced Might and Magic X Legacy (we're claiming dibs on the abbreviation "Might and Magic XL" right now), developed by Limbic Entertainment.
In the classic tradition, Legacy is a single-player, first-person RPG with turn-based battles. The story puts you and your party of four characters in the city of Karthal, which "on the verge of secession, is prey to competing factions vying for its control," presumably vying through the placement of monsters everywhere.
Brave adventurers who dare to enter PAX East will be able to see Legacy at the event this weekend.