Yes indeed. The only information I have on it came from ign's look at Stretch Panic, a very innovative and very, very weird game by Treasure, a group of defectors from Konami who have done some good stuff (including the old Tiny Toons stuff for the NES, SNES and Genesis). The article said that, as amazing as Stretch Panic is, it's just a side project from Treasure. The main focus is on Tiny Toons. Now, if their mere side project kicks so much butt... well, you get the idea. No clue when it's coming out, but it'll likely be published by Conspiracy Games. And be sure to check out Stretch Panic... it's what happens when strange Japanese people overdose on hallucinagens.