Soul Reaver might raise from the grave

So I have read endless forums and gaming news websites about the rumour that came out in March 2012 that a reboot of Soul Reaver is supposedly in the works. The rumour started on VG247, a source claimed that Square Enix is working on a new Soul Reaver game, but there is not much more info other than it will have a new art direction.

To get a higher understanding I recommend reading about the franchise on Wikipedia, and it will give more knowledge to what I am talking about. I will talk in this like people know what Soul Reaver is.