Well it felt like good news until it was revealed that the arcade will be Nintendo only, while the newly undertaken working-title NFS Shift for PC/PS3/X360 will be a hardcore racing simulator.... so in short it is NFS which is revived but its not the NFS that we have come to love until its "untimely demise" after a pathetic trio following its best candidate NFS:MW !!!
EA will trifurcate its street-racing franchise into trio of new ones:
--> the MMOG NFS World Online.
--> the Nintendo-only NFS: Nitro
--> NFS: Shift for the PS3, 360, PSP, and PC.
nyways, more details from Gamespot coverage:
CLICK HERE
Screenshot of NFS:Shift: