Red Steel was Ubisoft's big Wii launch title many years ago, and despite its cool visuals, it didn't quite get the gameplay right. Ubisoft atoned for its sins to a certain extent with Red Steel 2, but the game was almost unrecognisable thanks to a totally different "Samurai Western" setting.
However, prior to the release of the sequel Ubisoft was working on a different title which bore more of a resemblance to the original. According to a poster on Neogaf, the game was cancelled around 2007 or 2008, didn't boast Wii Motion Plus support (because the add-on wasn't available at that time) and featured online multiplayer.
Take a look at the pre-production renders below and be sure to let us know what you think. Would you have liked to have seen Ubisoft take another shot at making a better Red Steel, or were you happy with the drastically different sequel we eventually got?