Microsoft has just confirmed that Metal Slug 3 will launch on the Xbox Live Arcade next week. The classic 2d shooter will be available on January 2nd, 2008 at 2 AM PST, and for 800 MS Points. This is going to be one of the first Arcade titles to be available on the 360 in the year of 2008.

-Multiple routes: Different routes through the stages allow for extended replayability.
Different metal slugs: Various slugs are available for help in battle. Handle all the different slugs to learn their capabilities and complete the mission.
-Individual enemies: Different enemies appear depending on which route the player takes, and each enemy has its own unique characteristics.
-Classic arcade graphics: The classic graphics are faithfully reproduced for your gaming enjoyment.

Via.