Microsoft has made Crimson Dragon official.
The game that was codenamed Project Draco was playable at an Xbox 360 10th anniversary event in Akihabara, Tokyo last week. There, Microsoft confirmed the new name, which had been revealed by the Australian Classification board earlier in the month.
Japanese magazine Famitsu (via Andriasang) reported that the Kinect game is due out on Xbox Live Arcade at some point this year. Crimson Dragon is the brainchild of Panzer Dragoon creator Yukio Futatsugi. And, like Dragoon, is an on-rails shooter.