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how bout an actual FPS like Halo
*insert forum vomit here*
Why does every game in the future have to compare to Halo? Sure, people like it. It's not the Second Coming!! Move on, for pete's sake!
After seeing the demos for Half Life 2 (the claustrophobic levels running from hoards of enemies are very cool and scary), I'd see any attempt at a Resident Evil FPS being very similar to that. Pity that one never made it out last year.

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There will be another Resident Evil Game after RE: 5 on Nintendo Systems.
The exclusivity deal is not a permanent thing. As I understand, the deal made way back when covered 1-4 and CV of the series (4 was in development at the time) and I'd be surprised if Capcom throws money at another true Resident Evil game, let alone on a Nintendo console.
But don't shoot the messenger. Look at the effort put into recent RE games (2, Nemesis, CV) - what, can't see it? That's because they DIDN'T CARE! Fudge out a port from a redundant system and hope no-one notices. Great plan, Capcom. Maybe it has more to do with making Resident Evil 4 awesome (which I hope), because I have a gut feeling this game could tie up the loose ends of the series making 4 the last hurrah, and completing the series on one console. Five is a nice number right? You can count it on one hand, even...