Team Ninja job posting outs possible PS3 and Xbox 360 title
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Team Ninja's apparently working on a new PS3/Xbox 360 title, if a new job listing is to be believed.
Tecmo's posted the classified ad, and is looking for a graphic programmer for a high end project.
Since Metroid: The Other M is currently in the works, it's probably not that one, but something new entirely.
All bets on Ninja Dead or Alive Gaiden.
Via Siliconera.