Even with the cancellation of several Mega Man projects, the Blue Bomber is still relevant for Capcom.
http://www.nintendoworldreport.com/news/27383
Mega Man isn't dead, said Christian Svensson, Senior Vice President of strategic planning and business development at Capcom, in a recent video Q&A.
This has come in light of several cancellations of Mega Man themed projects, such as Mega Man Legends 3, which would have been a 3DS exclusive. To this he stated that “Oh, absolutely not. The frustrating thing for me is I have nothing I can hold up and say, ‘Oh, here’s this other Mega Man thing’. Absolutely, we have other things… Mega Man is a very important brand to Capcom. We get questions [like] ‘Are you guys trying to kill the brand?’
“No, absolutely not. It will continue to be a very important brand for us. I wish I had something I could hold and display for you that that’s the case, but I don’t right now. But super, super important to us; I do want to express that.”
Regarding the cancellation of Mega Man Legends 3 and other titles under the Mega Man name, Svensson explained that “The decision was not made lightly. Certainly, we knew there would be a lot of upset people and in spite of that, we still had to make that decision. That doesn’t mean we don’t care about you at all. I unfortunately can’t get into the details of it, but it was not a decision that was made lightly and I can tell you that no one is happy about that decision, but it was a decision that had to be made.”