Speaking to 1UP though, Mizuguchi, who's also been behind Space Channel Five, Meteos and Lumines, refused to dismiss the idea of a Rez follow-up. When asked about a sequel, he replied simply with, "Stay tuned! [laughs] Cut!" It was then that Utsumi joined in, admitting that, "I loved Rez. But Rez was like three steps ahead of [its] time. [Mizuguchi] mentions Rez a lot, which was critically successful, but it didn't work out commercially. We talk about it, like 'Was it the right product or the wrong product?' The conclusion was that the stage was wrong, and we need the right stage to show it."
Before they do that, they'll need to get hold of the rights from Sega, who initially published the title. If they do, then the prospect of a Rez game with next-gen bells and whistles is certainly an exciting thought - as much as we loved the first game, it is starting to creak a bit, visually speaking.
Anyway, more as we get it.

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