I hope this is really not a disaster. I'm getting excited and sad at the same time for a few reasons (like I stated in the other thread).
(Skipping Shenmue Online project because Chinese)
A lot of people assume that Yu Suzuki was just 'booted' from SEGA AM2, when he was the one that wanted to expand to a new team. SEGA gave him a couple of teams that basically died. No idea why, one of the had a cancelled completed game and the last one, AM Plus, released a game that didn't do so well in arcades.
YS Net was funded to be independent from SEGA, but got funding and support from SEGA. The first game (and only one so far) was released in 2010, as Shenmue City, a mobile game. Which, if you have seen it, wasn't what fans wanted. Yu Suzuki said it was to fund Shenmue III, the project was not a success and shut down a year later.
Flash forward 5 years later....
Polygon had a interview with Yu Suzuki who was working out of his apartment...
http://www.polygon.com/a/life-in-japan/Yu-Suzuki-kitchenNow a few short months later he and other key members of Shenmue are to make a new entry to the franchise for under 8 million dollars? I think a lot of people here forget how big of a project the orginal was, not just because of the technology but because of the care they put into models, weather and other things that made it stand out.
Everyone that worked at SEGA from 1995-2000 touched and worked on something in the game. Shenmue has over 800 jingles, hundreds of unique NPC models.
So, yes, I'm a bit worried that Ys NET, a developer that made one mobile game half a decade ago is the one developing the game.
But saying that, I funded it.