If you swing by Square Enix's site for upcoming downloadable titles you'll be met by a familiar (and nostalgic) sound (if you're old enough, that is). It looks as if Elevator Action will be reborn in the near future, and it also looks as if that trip down memory lane will be exclusive for Playstation 3-owners. We'll of course update you as soon as we know more.
You can see a bit more if you point your browser to the site.