Conrad is back on duty 20 years after the original game and you can get a glimpse of his journey with the story trailer. Flashback is part of Xbox Live's Summer of Arcade and will be available on August 21 while PC and PSN versions will be out this Fall.
@Wheat_Thins: they also said that prior to kojima even finding an engine for their game. Them settling on a sony engine will most likely have changed things. But who knows. First time for everything. (1 Hour ago)