Fans around the world had been waiting more than a decade for Capcom to get the next installment of the Mega Man Legends franchise in the works, and after a strong start on development of Mega Man Legends 3 for the Nintendo 3DS, fans were positive that the sequel would land in stores before too long.  However, when development seemed to slow recently and new updates were few and far between, the fans began to worry that the project was in trouble.  Its removal from the front page of the Capcom website was another worried nail in a troubling coffin.  The fans mobilized yesterday morning though, sparking a letter-writing campaign to show support for the project.  Before a single letter could hit the mail, however, Capcom dropped the Crash Bomb on the enthusiastic community:

From the outset the MML3 Project was intended to give gamers across the world insight and input into the development process. Part of this process includes an assessment of whether the title will go into full production, and is based on a number of criteria with input from different sectors of the company.  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.

The writing has been on the wall for this project ever since Mega Man's creator, Keiji Inafune, left Capcom last year.  Capcom emphasizes that Inafune's departure has nothing to do with the cancellation, but I've always thought that Inafune kickstarted this long-awaited title before leaving as one last gift to the fans (along with the previously cancelled Mega Man Universe), and without his guidance, it was inevitable that the development process would collapse.