Okay, so the little game is done. This will be breaking this month with more details later not by myself, but I've needed to clear some stuff up. "Resident Evil 2021" is Resident Evil 8, but it wasn't always RE8. During most of its development it existed as Revelations 3.
The reason I said RE8 was "years away" earlier this year is last year a RE8 was in development, & that one is years away. But Capcom didn't want a huge gap between RE7 and RE8, so that title got pushed to the side for now, & internal testing and such was super positive on Rev 3.
Revelations 3 was received a lot better by testers, internally, etc, than they expected. So the game's been given an additional year in the oven to convert itself to RE8. The Ambassador leaks about Werewolves and Ethan in a Snowy Village are 100% true, but they're outdated info.
The game has been going through some huge changes to make it more like a "mainline" title, big changes to the story, characters, etc. So specifically what you've heard may not be fully true in the final, but a number of elements remain.

So as I've said, it's a cross-gen game.
should be revealed within the next few months, it is first-person, and many purists are going to hate it because it's taking some serious departures in the story/enemies and the like. Hallucinations, Occultism, insanity and not being able to trust others are huge thematics of
the game. The rest I'll leave to be revealed later this month, but the game I am incredibly excited about. And I suggest those weary should be open minded, most who played the game near-finished as Rev 3 think it's terrific. It'll probably be a high quality game.
Oh, the Resident Evil 3 comment like many suspected was because a spin-off turned into a mainline title, like the original RE3 (which was a spin-off turned into a mainline title).
For one clarification, I do not know precisely when the game will be revealed. I do know the original ideas was it was going to be revealed at this E3, but of course that's not happening now.

The later this month comment is something different than an official announcement.
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