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@Five X: Well played, good sir. Well played.
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Hm, normally, this news would have me jumping in joy and giggling like a stereotypical schoolgirl, but after reading this post made by a forumer on another site:
Then you gotta wonder just what do they mean by spiritual successor? Do they mean it's set in the same universe, but with completely new characters, or just a new game entirely with the same gameplay/concept from Banjo? Speaking of which, when was the last time these employees even made a game?
Can't get hyped or excited when it's just some old employees saying that they would like to make a Banjo-like game. Hideki Kamiya (Platinum Games) said he'd like to make a Star Fox game, but that doesn't mean it will happen. Cyber Connect 2 said they'd love to make Mega Man Legends 3, but that doesn't mean it will happen. Lots of developers/employees have said tons of times before "Oh man I wish we could do ________" or "I want to do ________"
And who's gonna publish them? You might jump up and say Nintendo, but who says they will? Publishing a game takes alot of risks, and even though it's the "good" employees from Rare back in the day, it doesn't mean the game they make (with or without the necessary resources) won't be impressive enough to warrant any company to publish it. Though if they release this indie-style, you can forget about it coming to consoles, unless they make it small enough to fit on the E-shop/PSN as well as Steam.
Not being a downer, just being realistic.
But I will say though, if they did actually proceed to start up the Kickstarter, and give us some concepts/storyboards of how the game would play like, what systems, when the deadline would be (I've seen too many good projects be put in development hell, gotta have a deadline), I'd put down some money into it.
... Eh, I'm just gonna take the cautiously optimistic approach on this.
Experience has taught me to investigate anything that glows.
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: Worth noting that, unlike the examples given above (AFAIK), these guys have specifically assembled a team for this purpose, putting them ahead of those guys.
Geomancer
@Komodin: Huh, that does bring up some good points.
@Wacky: Look, it's not a good idea to be blindly optimistic for something you don't really know how it will turn out. Several times, you may be setting yourself up for disappointment if you do that.
edited 29th Sep '12 11:44:55 AM by Marioguy128
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Some nights I rule the world...
I thought it was pretty clear that by "spiritual successor" they meant a "funny 3D platformer" with an entirely new cast and setting, but similar art style. This is not "guy who made a game saying he wants to make a game for another company", this is a good portion of the original team independently making a new title in the style of one of their earlier ones.
"If you're out here why do I miss you so much?"
And besides, I like Banjo-Kazooie, and would like to think that a spiritual successor is going to be made, but if it isn't, well, too bad, I'm not gonna go all emo over it.
edited 29th Sep '12 11:47:42 AM by WackyPancake
"I like girls, but now, it's about justice."
When you assume the worst of everything, you'll never be disappointed.
But Banjo Kazooie is a relatively big name, and the ex-Rare developer's pitch is all over the news lately. I think they'll get fairly far in the Kickstarter if they want.
The publisher question is going to be a problem. New IPs have difficulty getting into the market lately, so there may not be a willing publisher.
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Geomancer
Well in theory that is kind of the better choice.
◊
But seriously, that's not what I was saying at all. No need to strawman. I said blindly optimistic. And I said earlier that this sounded interesting and that I would keep an eye on it, not that it would turn out terrible. I'm in the same boat as Komodin here, cautiously optimistic.
edited 29th Sep '12 12:04:03 PM by Marioguy128
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Nintendo? They were willing to fund Bayonetta 2 when no one else would. If the Banjo team approached them in the right way and sincerely have a cool idea I have a feeling they'd be accepted.
That would almost guarantee a Wii U exclusive though which might upset some people.
edited 29th Sep '12 12:04:29 PM by Kostya
Geomancer
Well considering that the Banjo games were originally for the Nintendo systems, they would be making even bigger fools out of themselves if they complained.
edited 29th Sep '12 12:05:16 PM by Marioguy128
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edited 29th Sep '12 12:06:01 PM by WackyPancake
"I like girls, but now, it's about justice."
True but bear in mind this is not a Banjo game so it doesn't have to be on the Wii U for tradition's sake. There's also the problem that the team might not like the idea of their new IP being tied down to one system. If they're not willing to make it a Wii U or 3DS exclusive I can't see Nintendo funding it since they don't like games they published being on other systems.
I'd be happy too since it likely means another great Wii U exclusive but I can see why others (including the developers) might not like the idea.
Who else could potentially fund this project? EA is out for obvious reasons and I think they'd like to avoid Sony and Microsoft (again, because that means they'd be tied to one system).
Your friendly neighborhood Cartoonist
Oh, by the way, if they really go through with it and start making a new game, I can't think of anyone better to play the main protagonists is Jon Jafari and Arin Hanson. Because why not?
Rare didn't mind having their games be tied down to the SNES and N64 in the past, why would the ex-developers not want it now?
Responsible adult
More exposure and more potential buyers.
Face Time
^^^That would be perfect.
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Oh God, this news. I have been waiting so long to hear about something like this! I really hope this makes it!
The Final ECW Champion
Hype trains can be disgusting. I supposed the next generation couldn't be hurt by it but could we wait for a trailer or something before we get on board?
Just because Nintendo published Bayonetta's sequel doesn't mean that they will take this one. EA were the only ones to step in for Brutal Legend, where was Nintendo then? Where was EA for Platinum? That kind of salvation seems to be pretty rare. Especially given they have two pieces of hardware, a possible Silicon Knights title and ate a loss recently.
Publishing Banjo's spiritual sequel could be a tempting jab at the X-box, who holds Banjo proper, but have they ever sank to that level of pettiness?
Modified Ura-nage, Torture Rack
birdie fairy
I wouldn't really call it pettiness. The Banjo series has been considered by many to be one of the most imaginative and charming games to have ever been released, with a considerable amount of that spirit being poured into Donkey Kong 64 as well. If these guys really want to try renewing that near-decade-old developmental magic and create something truly impressive in the process, then there's not much inherently wrong with them hitching a ride on one those trains if that's what they need to get there, as filthy as they can admittedly be.
And not to be Insufferable Dismissive Optimist #641539, but isn't the whole publishing issue a bit early to call as well?
"Tell them to shut up and have some faith in me." - dead flashback guy
And, if it is successful, then they could possibly buy back the I Ps for Banjo and Conker and make real sequels to both franchises. Microsoft isn't doing anything with them anyways.
For the publishing question, we've just been looking at recent trends in new IPs lately. There were tons of them at the start of the generation, but they've been decreasing in number lately.
birdie fairy
From what I've heard of that unfortunate pattern, the worst-case scenario usually only hits games that are either "risky" or relatively unheard of / under-represented. Meanwhile, we don't have any idea of what the concept of this game is going to be nor what they're planning on doing with it other than "B-K SpiritualSuccessor." (which, if anything, should only increase the odds of it being safe in that regard) Trying to judge the likelihood of it getting published is little more than baseless speculation at this point.
And even if it does catch that type of bad luck,they could always just compress it and release it for the iDuo like everyone else seems to be doing. 
Heck yeah I want me some real 3-D Platforming! I love Banjo Kazooie, and Banjo Tooie is my favorite game of all time! If these guys, who worked on BK and BT, can do it, I'm behind them 100%!
Make it happen guys! Make it happen! I don't care if it's not Banjo and Kazooie, as long as it's just as awesome as them!