Capcom Japan to Develop Street Fighter IV

Since the announcement of Street Fighter IV there has been speculation as to who would be developing the game. Well Earlier today Sven the Sr. Director of Strategy posted on the official Capcom forums that Capcom USA will be outsourcing development to Capcom Japan. An excerpt from the post as follows:

"While CUSA owns the rights to Street Fighter, we have contracted Capcom Japan to handle its development (we felt they would, by far, do the best job with the title).

The game is further along in development than probably most of you think, but as we’ve stated, it’s still quite a ways off. Again, the announcement was just to get it on everyone’s radar, nothing more."

At this time there is no word on the characters returning, character count, platforms, features, 2D or 3D or 2.5D, whether the trailer is representative of gameplay/character design/visual targets, arcade or not, online features, downloadable strategy, where it fits in the canon, etc. More details to follow before the end of the year.