A recently scanned copy of French Nintendo Magazine (via LiveWii) reveals that Red Steel 3 is in development, and will make use of the Wii's Vitality Sensor. This supposed announcement comes right on the heels of Red Steel 2, which was just released in North America back in March. Here's a copy of the English translation, thanks to NeverKnowTech:
"Despite a slow start of the second game, the Red Steel series is going to be a trilogy. It is still unclear if we can fully rely on the information, but it's credibility comes from the newest issue of French Nintendo magazine."
"Filed under "Hot News" this confirmation comes with an important detail: the game is compatible with the Wii Vitality Sensor as told in an interview Jason Vandenberghe, Art Director of Red Steel 2 at Ubisoft Montreal."
We can only hope this implementation generates as much internet mockery as the Vitality Sensor's reveal did at Nintendo's E3 press conference last year.