As expected, Namco Bandai announced Soul Calibur V at a press event they had in Dubai last night. I liked the last game even though it had its flaws (you read the review for that somewhere here), so I have high hopes for this new one which comes out next year for PS3 and 360. A four year gap between games makes sense along with the storyline taking place seventeen years after Soul Calibur IV, so we'll see a mix of old and new characters. Since its an odd number entry, hopefully there will be no guest characters, but I won't be surprised if Project Soul does it again. I don't expect an arcade release before consoles since Namco didn't do one for SCIV and personally, an arcade version of Tekken Tag 2 is good enough for me. Soul Calibur V is still ways off as more details will be revealed at E3 next month.