After boiling around in development hell for a while, Scalebound is officially a no-go with Microsoft. There's little word on whether Platinum will be taking the intellectual property with them, but chances look quite slim so far.

Atsushi Inaba, head of Platinum Games, recently said how it made him sad to see Microsoft catch all the flak for the cancellation of Scalebound, the studio's dragonesque action-RPG, insisting both sides failed in what they set out to do.

Microsoft renewed the Sacebound trademark and the rumors about the project being alive gained some traction. The have been debunked and there is "Nothing to see here folks."