It was recently leaked that Square Enix's LA studio was (keyword: was) working on a co-op shooter for PSN and XBLA called Project Dropship. It was never publically announced and has sadly been cancelled. It's really a shame because it's reported that the game was being built with co-op play as a central foundation to the mechanics. We even have some videos of the game in action for those of you who are curious about this game that will likely never be finished and released.
What do you guys think? Disappointed that we'll never see it, or would you not have been interested in playing it even if it had come out?
Source: Siliconera.com