Shadowrun on the Xbox 360?

IGN Xbox has ran a quick story about the surprising announcement of a Shadowrun title being developed for the Xbox 360 during RPG Vault's Game Art Group Q&A yesterday. An excerpt from the newsbit:
The statement appears to be an unofficial announcement of the revival of Shadowrun exclusively for the Xbox 360. The original title was a pen and paper RPG that was turned into a Super Nintendo game in 1993 and a Genesis game in 1994. The role playing elements appeared as karma points that allowed players to choose what attributes would become more powerful as they progressed through the game. This was a giant leap forward compared to most video game RPGs of the time that automatically leveled up characters according to preset variables.