For people still clinging on to the hope Shenmue will be back.
From Yu Suzuki, creator of Shenmue:
"Kikizo Games: In the event Shenmue was never finished, would the possibility exist for the story to be finished trough other media, like DVD or books?
Yu Suzuki: No, the story will be finished through games. The MMO will be a game that will have a long lifespan through upgrades and updates. This will allow gradual continuation to the story. It follows up directly to the story of Shenmue 2 at first, but maybe we'll move on even further as time passes."
And from Kikizo games after meeting him:
"Officially Sega will not talk about a real Shenmue successor under any circumstances. Some stuff we've agreed with Sega can't be published, although there was nothing of massive significance to provide an absolute answer that some fans want - and we're not just being tantalising for the sake of it here, the point is that Sega really, really doesn't like talking about Shenmue at all.
But based on everything we know to be true at this moment in time - and aside from detail that has since changed - all of it was accurate. Which as we stressed heavily at the time, doesn't necessarily mean Shenmue 3 will come out, but it would be very foolish to write it off. Despite some presumptions made based on (at best) questionable translation of an interview in November, Yu Suzuki has NEVER said there would be no Shenmue 3. And as he puts it to us: "the story will be finished through games"."
From
here.
At least it's not being totally written off.