Capcom's new take on the Blue Bomber, Mega Man Universe, has stopped.  Capcom announced yesterday on their Japanese site that production has ceased.  No reason has been given on why the project shut down.

Mega Man Universe was set during the events of Mega Man 2.  It was a 2D side-scroller with 3D character models.  The game also had a character creator where you could customize your own Mega Man such as mixing Mega Man with Ryu. The game also had a level creator.

It was scheduled for a PSN and Xbox Live release.