GameSpot has the premier announcement that Capcom is creating a new Bionic Commando game for next-gen systems.

From the premier:
‘Where the original Bionic Commando followed players on a mission to rescue a fellow agent named Super Joe, the new game’s storyline appears to carry a more cynical edge. After serving his country honorably in conflict with the Imperials, technologically enhanced agent Nathan Spencer is framed for a number of crimes by his superiors and sentenced for execution. Fate intervenes, as an experimental terrorist weapon is detonated in Ascension City on the day Spencer is to be executed. With the city in ruins and Spencer uniquely equipped to handle the many skyscrapers, monorails, and suspended roadways, the government reluctantly turns to its imprisoned bionic commando for help.’

For those of you that don’t remember: