Soulcalibur spinoff Lost Swords is due for release on PlayStation Network for PS3 this Spring. Combining trad Namco 3D SC mechanics with item forging and elemental attacks, it sounds like a winner. Also: it is free to play = win.
More when we have it, but for now enjoy the trailer below or check out the official site.
SOULCALIBUR LOST SWORDS reinvents the world-renowned weapons-based fighting franchise with a brand new item discovery and forging system as well as elemental-based fighting mechanics. Special elemental effects such as Wind and Fire will be imbued into weapons scavenged from defeated enemies as well as forged from equipment collected by the player. Players will have to strategize which weapon to take into battle for a successful win.
SOULCALIBUR LOST SWORDS will provide players with an incredibly deep single-player experience built upon the award-winning 3D weapons-based combat that is known and loved around the world. The free-to-play title will be available exclusively on the PlayStation 3 system this spring in Europe and Australasia.