Not heard from since E3 2005, Take Two Germany has confirmed that Frog City Software's controversial drug-running action game Snow has been cancelled. In Snow, you play a street thug working your way up the drug smuggling chain to become a kingpin, taking out enemies left and right as you make your way across the border with your "goods." We hope to get confirmation from Take Two North America after the holiday weekend.

While not yet officially announced for North America, Genki is working on a new installment in the long running Tokyo Xtreme Racer franchise, scheduled for July 2007 in Japan, under the Shutokou Battle X name. The first next gen title in the series will feature extensive car-customization capabilities, 2 player head to head racing and, true to the nature of the game, plenty of drifting.

Funcom and Conan Inc. has extended the agreement, and an option to prolong the agreement with five additional years, in which Funcom has the exclusive rights to develop any and all MMO games based on the Conan license for PC, present and future gaming consoles, portable devices and mobile systems until 2018.

The Guild 2 will be a combination of unique sweeping role-play and a fascinating life-simulation, conjuring the medieval life anew on your PC. As in the successful predecessor Europa 1400: The Guild and the subsequent expansion pack, the newest development by 4HeadStudios awakes the 14th century to a new life.

The Sims 2: Open for Business will revolve around setting up businesses and making money. Construction company, restaurant, nightclub, or simply decide to work from home, it will all be possible. You will need to strategically place employees, or fire useless workers, in order to keep your customers happy.

Gears of War blends the best of tactical action games with the best of survival horror titles, thrusting gamers into the harrowing story of humankind's battle for survival against the Locust Horde, creating cinematic, high-definition visuals so intense and powerful, it feels like the gamers are controlling a blockbuster action movie.

Silent Hill makes its handheld debut with a brand new adventure that reveals many of the series' most hallowed secrets. Assuming the role of a lone truck driver trapped in Silent Hill while making a routine delivery, players must escape the city's horrific inhabitants and confront the strange hallucinations that have haunted him since childhood.