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I got my legit copy of MvC2 for DreamCast, as much as I would love to see a MvC3... I doubt its going to happen, at least any time soon.
I'll also go with "never."
Fighting games are among my favorites, but the genre is on the ropes if not near death.
Arcades in the US are dead (there are a whopping 3 Tekken 6 machines in the US) and the online play isn't bringing in the money like $0.50 per play/cost of a cabinet used to.
That fact that we're getting a Street Fighter 4 is absolutely amazing based on current circumstances, but I can't see them being able to do that with anything but a giant franchise.
That and Marvel and Capcom have parted ways.
The odds of us seeing one are VERY slim...but never say never!
While Marvel and Capcom may have parted ways, I certainly hope you aren't equating the death of arcades in the US to the downfall of the fighting genre as a whole. Series like SoulCalibur, Virtua Fighter, Street Fighter, Tekken, and Dead or Alive are all still going strong, with most of the above having already announced their next title. The genre may not have the mass acceptance that First-Person Shooters have enjoyed of late, but calling fighters near death seems, to me, to be a serious overstatement.
let's just say precision twitch timing fighting games of the past are next to impossible to have on today's systems. Between the input lag of TV's to everything being wireless (which adds it's own processing delay), it's never going to be the same. It's not like guitar hero or DDR where you can adjust for the lag. A fighting game is based on reaction on the moment that is nearly unpredictable. Try playing SFIII on a HDTV and see if you can parry moves. Hard to do, next to impossible sometimes.