UPDATE: The trailer is live! View it after the jump.
Crimson Dragon, initially revealed as a Kinect-enabled Xbox 360 exclusive from the creators of the Panzer Dragoon series a few years back, has resurfaced at long last after a veritable dead zone of information. It's still going to be Xbox-exclusive... but on a new system. Crimson Dragon will be soaring on the Xbox One.
It was initially announced as a rail shooter, and we have yet to hear if this original plan has been deviated from. A trailer was shown, and we plan to upload the footage as it comes out.
Stay tuned for further updates, especially if you're interested in games where you can launch fireball assaults from the back of a dragon (i.e. everyone).