RIP: Mega Man Legends 3

Sad news today from Capcom as they have officially stated that the project is canned. Coming hot off the heels of a new fan initiative to support the game, Capcom has released the guillotine by shuttering both the project and the intended “prototype” to test the sales waters:

Unfortunately it was not felt that the Mega Man Legends 3 Project met the required criteria, and it is with regret that we must announce that the Mega Man Legends 3 Project has been cancelled, meaning that Capcom will not be releasing the Prototype or the full game. Additionally, updates of the Mega Man Legends Developer Room will cease as of today, though the North American Developer Room and its forums will remain open indefinitely.

We can only express our deepest apologies to all of you who have lent us your unending support, including participation in the Mega Man Legends 3 Developer Room. On behalf of the entire Legends team, please accept our sincere apology for failing to meet the expectations of the fans.

Well folks, time to inhale deeply.