GameSpot has learned that, despite reports earlier last week, Capcom's Fighting All-Stars game is still in development and has not been canceled. Since the game runs on the System 246 arcade board, the equivalent to PlayStation 2 hardware, there has been speculation that the game will appear on the PlayStation 2 console, but Capcom has yet to announce any plans for the console version of the game.
For more on Capcom Fighting All-Stars, check out our previous coverage of the game.
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