GameSpot has contacted Capcom Japan and confirmed that Red Dead Revolver for the PlayStation 2 and Dead Phoenix for the GameCube have been canceled. The sites for the two titles were deleted from Capcom's official Web site yesterday, and the games were taken off the release schedule list, raising doubts about their development status. Neither game was on display at E3. The news comes despite a recent report from a Capcom staff member stating that Red Dead Revolver was still being developed under an alternative cash source.
In the past few weeks, Capcom has announced the cancellation of three titles: Capcom Fighting All Stars, Red Dead Revolver, and Dead Phoenix.