Over on the Capcom Unity forums, Capcom PR Christian Svensson have officially revealed that Talisman is no longer in production for the Xbox Live Arcade.

Rather recently we have finally stopped development completely. After a misfire at the start, the details of which I won't get into, we evaluated several options for moving the project to new developers, but the costs of moving forward outweighted the potential revenue. I realize this will be disappointing for the fans of the game.

The rights have reverted back to Games Workshop where I hope someone will pick them up and try again. I too still would like to play a Talisman videogame.

A damn shame.

Source: Capcom Unity Boards.