Korean online game developer and publisher Gravity, best known for Ragnarok Online, announced the formation of San Mateo, California studio L5 Games, and hired several former Blizzard North employees who held leadership roles in franchises such as World of Warcraft, Diablo and the StarCraft and Warcraft series.

SEGA's Condemned 2: Bloodshot is a first-person action thriller immersing players in a world of psychological terror, featuring all-new fighting mechanics and online multiplayer functionality.

As society succumbs to a worldwide energy crisis, a new global depression takes hold. Amidst this desperate backdrop, two superpower alliances emerge. Join the battle on the frontlines of tomorrow as the Western Coalition or the Red Star Alliance.

Precursors, developed by Boiling Point's Deep Shadow, is a sci-fi action game that leads you into unexplored regions of space, where he can fly with huge battle ships from planet to planet.

It's nothing but speculation at this point, but what we do know is that Activision Blizzard is planning for Call of Duty 5, as revealed in their lineup of future titles. Infinity Ward, responsible for the recent CoD 4, and Treyarch, who brought us CoD 3, have been taking turns on developing the series, and now is seems Treyarch is looking for level builders for a "Call of Duty" title with stipulation that "if you're a fan of World War 2 shooters, then even better!" Either CoD5 returns to a WWII setting, or they are developing an expansion for one of the other titles, which is rather unlikely.

Nobilis' new historical wargame brings back to life the greatest battles and lets you write your own History. Napoleon's Campaigns is a unique concept from AGEOD, the original designer of Europa Universalis, Pax Romana, Grandes Invasions, Birth of America and American Civil War.

White Gold: War in Paradise explores the shadowy background of modern low intensity conflicts, where the newest weapons often do battle with the antics of witchdoctors. An FPS with a handful of RPG elements thrown in for a good measure, White Gold offers a rich scenario in addition to the non-stop action.

Lost Odyssey is the story of Kaim, an immortal character who has lived more than 1,000 years and doesn’t remember his past and doesn’t know where his future lies. Throughout Kaim’s journey, a handful of characters will join him on an odyssey to discover their intricate past and destiny, leading players through a dramatic story of massive scale. Lost Odyssey launched in Japan this week, and first reports have it selling 40k units on launch day, compared to a mere 7k for Uncharted (PS3).

Another day, another batch of game trailers was released. Instead of giving them all their own posts, we grouped them, and so far there are trailers for:

• Burnout Paradise [PS3/X360] - Stunts Trailer
• Gran Turismo 5 Prologue [PS3] - TV Spot Trailer
• Universe at War: Earth Assault [X360/PC] - Trailer (3)
• Hail to the Chimp [PS3/X360] - Trailer #3
• NFL Tour [PS3/X360] - Trailer #2
• 
  
  We will update this throughout the day when new trailers become available. Read more for download links ...

Lost is a third-person action/adventure that will have you take on the role as a survivor of Oceanic Flight 815, allowing you to experience an untold adventure of "Lost" in an immersive, interactive world.

Tarr Chronicles is an arcade-style space combat sim where you, lost in space and deep behind enemy lines, must defend the galaxy's last hope using dozens of high-tech fighters bristling with cannons and rocket launchers. This v1.0.3.0 patch improves Vista compatibility, fixed freezing videos issue, added toggled AA, and a squashes a few other bugs.

Crackpot Entertainment's Insecticide is a classically styled action adventure detective game that brings the look and feel of gritty gumshoe films into a futuristic city where insects have become the dominant race. Originally scheduled for Jan.8, it has been pushed back until Feb. 12, 2008 with the first downloadable PC episodes shortly thereafter.

THQ's Supreme Commander: Forged Alliance is an add-on for Gas Powered Games' 3D RTS, following the epic story of the original game in the aftermath of the Infinite War. GPG has released the first patch, fixing a few bugs and balancing a bunch of units.

Positech Games' Democracy 2 puts you in the position of the leader of a new government, tasked with running the country, and keeping the electorate happy in the run up to each election.

Rockstar is bringing its best-selling, open-ended crime series to the next-gen consoles with Grand Theft Auto IV. While details on the game are still slim, we now know that the franchise returns to New York.

Nintendo has launched its Wii Points Card Shop, where Club Nintendo members can swap Stars (from purchased games) for Wii Points Cards, which contain a code that you can enter in the Wii Shop Channel on your Wii. This will add Wii Points to your Wii Shop Channel account, which in turn allows you to spend on such items as games for Virtual Console or Wii Software.

NecroVisioN is a next-gen First Person Shooter that starts in the rage battlefields of World Word I and leads player to much darker and brutal underground world of vampires and demons.

WWE SmackDown vs. Raw 2008 features 8 unique styles, each having its own strategy and attributes, new rosters, more environmental hotspots, improved out-of-ring action, enhanced online community support and much more! Online registration for the WWE SvR 2008 International Tournament will begin on Dec. 8, 2007, with 2 floor tickets to WrestleMania 24 as prize.

Kwari is an FPS, developed by Micro Forté, where players make money off each other in real-time. The game will be free to download online, but instead of being subscription-based it will use a unique free-to-play/pay-to-play model whereby Kwari sells the player ammunition.

Dusk-12 is an FPS about a project to create the perfect soldier that ran out of control, and turned into the incurable virus. You are poart of a Spec Ops. team sent in to find out what turned an entire city into blood-thirsty assassins.