There is "always hope" for a "next-gen" Indiana Jones game, LucasArts has said.

Speaking to VideoGamer.com, voice director David Collins revealed that the "next-gen" versions of Indiana Jones and the Staff of Kings, a game due out for all major platforms except the 360 and PS3, were canned because of "timing" and "financial" reasons.
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Pre-order Indiana Jones and the Staff of Kings at Gamestop and receive a free mini strategy guide.
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DarkZero: With the recent announcement that Lucasarts are working on Indiana Jones and the Staff of Kings for Wii, DS, PS2 and the PSP, many people wondered what had happened with the "next gen" version of Indiana Jones that was highly boasted about a few years back, and if development of that game was happening, albeit quietly, concurrently with Staff of Kings.

However, this seems not to be the case, and Lucasarts have now confirmed they've decided to work solely on Staff of Kings, making a "strategic business decision" to end development of the 360/PS3 versions.
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Joystiq Writes:
GN reports that "multiple sources" at LucasArts and "elsewhere" indicate that the developer's next-gen Indiana Jones game has been canceled; however, Joystiq has contacted LucasArts for an official statement and things don't appear so cut-and-dry.

According to a LucasArts representative, "LucasArts remains absolutely committed to the Indiana Jones franchise. While we are aware that fans have been eagerly awaiting additional information on the upcoming game, they can rest assured that details are forthcoming."

Well, that doesn't sound like the game is dead, although there's certainly wiggle room in that quote to speculate that the long-in-development title has been killed with another taking its place. Of course, that would just be our old friends Rumor and Speculation stopping by to say hi.
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Two high resolution screenshots from LucasArts' upcoming next-gen action adventure, rumoured to be titled Indiana Jones & Staff of Kings. The article is accompanied by further new concept arts and renders and it mentions more of the game's locations or the engine it'll use.
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LucasArts' internally developed Indiana Jones game (scheduled for release on PS3, Xbox 360 and DS) is "still in development," but the company is no longer referring to it by the "Indiana Jones 2007" codename. This likely signals a delay to coincide with the release of Indiana Jones 4 next year.
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It might be a year away from the shelves but just one look at Indiana Jones on the LucasArts stand and you can feel the expectation building. And despite running on development kits in demo form only, the game already looks like it might live up to almost any amount of hype. Boasting what the team are calling Euphoria technology, the game uses the power of the next-gen consoles to do more than simply whiz tons of impressive graphics around the screen; it creates a world and fills it with ... » Read More

Friday 12 May 2006 With a brand new George Lucas approved story, some seriously next-gen technology and Indy looking cool as ice, Indiana Jones 2007 (a working title) ought to bring any right-minded individual out in joyful jitters. We ducked backstage into LucasArts' demo area and got a first look at the game in full swing. We saw two levels - one showing off Indy's hand-to-hand skills and another on board a tram hurtling down the hills of San Francisco, circa 1939. The game features a system ... » Read More

• Indiana Jones 2007 (MOV, 76.5MB) - right-click to download Friday 12 May 2006 We've already brought you the first screens of what LucasArts is now calling Indiana Jones 2007, but now you can seem them all joined together, plus a few more, to form the first footage of Dr Jones. So pull up your favourite brand of monkey brains and download the trailer above. Remember to wash your hands, though, before you right-click on the link. And for those of you more interested in current-gen ... » Read More

Wednesday 10 May 2006 It might be a year away from the shelves but just one look at Indiana Jones on the LucasArts stand and you can feel the expectation building. And despite running on development kits in demo form only, the game already looks like it might live up to almost any amount of hype. Boasting what the team are calling Euphoria technology, the game uses the power of the next-gen consoles to do more than simply whiz tonnes of impressive graphics around the screen; it creates a world ... » Read More

Friday 28 April 2006 LucasArts has announced that its new, still unnamed, Indiana Jones title - slated for release on next-generation consoles - will use fancy-pants artificial intelligence technology that will allow the game's interactive characters - including the daring Dr Jones himself - to act more like "actual human beings without the limitations of traditional animation". What does this mean exactly? Well, LucasArts is claiming that the 'euphoria behavioural-simulation engine' (ooooh) ... » Read More

LucasArts announced today that their new Indiana Jones title, slated for release on next-generation consoles, will feature some pretty crafty characters. Using some new, fancy-pants artificial intelligence technology, computer-controlled characters in the still-untitled Indie adventure will react to events as they ... » Read More