GoldenEye For XBLA Confirmed And Canned

Good news for the N64 classic, GoldenEye has been confirmed for Xbox LIVE Arcade.

The bad news is that it has been delayed indefinitely, due to a licensing disagreement between Microsoft and Nintendo.

The game is almost finished with less than two months left in development. The XBLA port will be a faithful incarnation of the original N64 release with the addition of multiplayer support over Xbox LIVE.

Nintendo and Microsoft are disputing whether Nintendo should receive a onetime royalty fee or a continuing cut of the XBLA revenues.