As predicted in the teaser trailers that were released earlier this week, IGN has now confirmed that a new MechWarrior game is indeed in the works at Vancouver-based Piranha Games but under the supervision of the game's current owners Smith and Tinker. The article is describing the new game as a "reboot" of the MechWarrior franchise and indeed the game is just being called MechWarrior (much like the new Star Trek movie is simply titled Star Trek)..

In an interview about the new game (which doesn't have a release date or even a publisher yet) Smith and Tinker co-founder Jordan Weisman and Piranha Games president Russ Bullock chat at lenght about their plans for the new game which will be firmly in the sim-style of title that the previous PC MechWarrior games were like (no arcade style action here). For your purists our there the game is set around the beginning of the Fourth Succession War in the MechWarrior universe. Features like four-player co-op, possible cross-platform multiplayer between the PC and Xbox 360 versions of the game and more are mentioned. The game is also the latest title announced that will be based on Epic's Unreal Engine 3.

All in all it sound like this new MechWarrior will be much like fans of the previous games in the series have enjoyed; a hardcore sim-style experience (gotta keep those heat sinks straight) but with some new features as well. You can check out a proper trailer for the game at IGN's site (and yes, it's supposed to be in-game footage, not a CGI trailer).