German gaming site GameFront picked up a thread on currently unannounced games scheduled to be shown at Friday's Arcade Operator's Union 2007 trade show at the Makuhari Messe in Chiba, Japan. Rumors about an upcoming Silent Hill arcade game were tossed and they appear to be the real deal. Little is known about the game, as Konami only lists two games sans title, calling them nothing more than "New Video Game."
However, resident Japanese newshound "duckroll" way over at NeoGAF says this Silent Hill Arcade is a "new Gun Shooting game from Konami." With just a few hours to go before the show opens, news is sure to creep out soon. We'll keep you updated.
UPDATE: It's official as the logo for the game has appeared on the official Konami AOU 2007 page.
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