Yet another Street Fighter IV character has been revealed, this one named El Fuerte. Why are Lucha Libre wrestlers so popular in games these days?

Industry and multi-console news

• That same issue of Famitsu also reveals a new character for Soul Calibur IV.
• BioShock 2 has been officially announced, aimed at the fourth quarter of Take-Two's 2009 financial year. Ken Levine is confirmed to be involved.
• In the same conference call, it was announced that Borderlands and Midnight Club: Los Angeles have been delayed.
• Oh, and Rockstar is working on "at least one major sequel for 2009." Woo let's go Table Tennis 2
• Harmonix filed suit against Activision for unpaid royalties on Monday, only to withdraw it the next day in favor of settling the issue out of court.
• Next Generation has an interview with Neversoft studio director Scott Pease.
• The people at Bioware say they plan to improve the side quests in Mass Effect 2.
• Hideo Kojima is now working on a new title outside the Metal Gear universe.
• Capcom has finally announced Lost Planet: Colonies, and it's an updated version of the original game rather than a sequel. Follow the link for single player and multiplayer gameplay trailers.
• Gibson claims that Guitar Hero violates a patent they have on technology that simulates a musical performance. But... Guitar Hero has had Gibson guitars in it.
• The Notes on Game Dev blog has an article laying out the process of working with licensed characters in games and getting them approved by their owners.
• Normally I don't bother to post the musings of analysts, but this one has an interesting angle: Janco Partners' Mike Hickey thinks that the release of Grand Theft Auto IV could hurt Iron Man's box office.
• GamesRadar has new details on Aliens: Colonial Marines.
• This week's Zero Punctuation review is Burnout: Paradise.
• The Entertainment Software Association is shutting down its New York office to consolidate operations in Washington DC.
• There's a big coffee table book on EA out that I don't remember ever hearing about.
• Joystiq has video of the Evening with Will Wright presentation at GDC.
• Crytek has trademarked Crysis Warhead, which could be any number of things.
• City officials in Troy, New York used municipal building code to shut down a controversial video game art exhibit.
• God of War II director Cory Barlog is teaming up with George Miller, director of the Mad Max movies, for multiple video game projects.
• EA has attempted to explain why different regions can't play online together in Army of Two. "When playing in Versus mode 3 people can be highly adversely affected by one player with a bad connection. We use the region lock to minimize the likelihood of this occurring."
• NPD research finds that hardcore gamers spend most of their money on non-gaming entertainment.
• Interplay's website is closed down for a redesign, and their coming soon image features a number of their old properties.

PC and mobile news

New content: Lost Empire: Immortals 1.02 patch, Harpoon - Commander’s Edition 2008.024 patch
New media: Starcraft II Terran gameplay footage

• Gamasutra has an interview with Dmitriy Iassenev about the AI of S.T.A.L.K.E.R.
• Over 100,000 developers have downloaded the iPhone SDK in its first four days of availability.
• TG Daily has posted part two of their interview with Epic's Tim Sweeney.
• Capcom has plans to bring the Ace Attorney series to the PC in standalone downloadable episodes in Japan.
• Puzzle Quest is now available on the Mac.
• NCSoft has released the first details on City of Heroes Issue 12: Midnight Hour.
• The Chinese official Olympics site has been accused of copying an online Flash game for one of the site's own games.

Nintendo news

New media: Ninja Gaiden Dragon Sword gameplay footage

• Mario Kart Wii has been given an April 27 release date in the US.
• Wacky Races: Crash & Dash has been announced for the DS and Wii, to be played by kids too young to remember Wacky Races.
• A full-featured music creation package called Korg DS-10 has been announced for the DS. As you might imagine, if you know about these sorts of things anyway, it's based on Korg's MS-10 synthesizer.
• A video has been released showing an early test version of a hack to add four players to Ocarina of Time.
• A bubble wrap popping game has been announced for WiiWare. No no, wait, it gets better: The game is based on a keychain toy that simulates bubble wrap popping. Watch this Flash ad for the toy, I Goddamn dare you.
• Eurogamer presses on with part 3 of their feature on cult classics on the Gamecube.

Sony news

New media: Motorstorm 2 debut trailer, Metal Gear Solid 4 screenshots

• A teenager in Bracknell kicked a nine year old girl and stole her PSP.
• Man I can't believe the only Sony story I have here is a kid getting mugged.

Microsoft news

New Live Arcade titles: Bliss Island, Brain Challenge
New content: Two Worlds Tainted Blood Pack 1
New media: Soul Calibur 4 trailer

• Live Gold members who buy Commando 3 will gain free access to the Super Street Fighter II Turbo HD Remix beta.
• Guilty Gear 2: Overture will be hitting 360s in the US in the third quarter of this year.
• KontrolFreek is planning to release an add-on for the 360 controller that increases the height of the thumbsticks. This supposedly allows for greater accuracy.
• Capcom is testing some super-secret game for the 360 and no one knows what it is. Naturally, tell the Internet that it can't know something, and watch it go to work. People are digging up pictures of the test in progress and.. well, I still can't tell what that is.