It has been revealed that Red Faction 3 is now in development for Xbox 360, Playstation 3, and the PC and will likely contain much more destructive environments than the first two did. THQ CEO, Brian Farrell has also stated that the next game in the Red Faction franchise will be created by Volition, who also created the others. I actually loved both Red Faction 1 and 2 so this is great news for me. Expect to see this one in the 2009 fiscal year.