During their E3 press conference in 2014 Microsoft announced Phantom Dust. Unfortunately it didn't take long for it to be cancelled. Today we learned that they'll instead create a remaster of the original game from 2003.
Microsoft's Shannon Loftis shared the news with Geoff Keighley during his YouTube Live at E3 show. She also revealed that they've tweaked multiple elements to make it more modern, including Xbox Live functionality. As if that wasn't enough, they've included feature draft decks. That way we won't have to wait until our arsenal is built up in order to get the full multiplayer experience.
In addition to improved graphics and better performance, the remaster is part of the new Xbox Play Anywhere feature (cross-buy and cross-play), and will give us the option to play in tournaments thanks to Xbox Live Arena.
Phantom Dust is set to launch on Xbox One and Windows 10 PC in 2017.