The Rumor: Word is beginning to trickle down to fitbabits HQ from several independent sources that Microsoft has all but completed the purchase of Capcom. I'm not going to spell out the ramifications if this one is true, but I will mention two words and a number - Resident Evil 5

The Smash: While no one will officially comment on this rumor (We all know and love that song and dance). It appears this particular bit of gossip has roots in a thread that hit NeoGaf on Jan. 10.

It started out as a rumor that Microsoft was holding a press conference in Osaka the next day. The thread quickly turned into a place to shoot off pie-in-the-sky theories (go figure) about what might happen during the mystery press conference.

Among the odd ideas was the now smashed rumor that Hideo Kojima was putting together a 360 Metal Gear Solid title.

While not outright denying it, when contacted by Kotaku a Capcom rep called the story an "old rumor." Brian Crecente