Behold! Lost Planet multiplayer footage!

Straight from Leipzig, we have new footage from Lost Planet, Capcom's upcoming sci-fi shooter for the Xbox 360. Game Videos is hosting two videos showing off the multiplayer, and it's safe to say we are drooling over at the Joystiq offices. Big guns, giant mechs, and grappling hooks are all prevalent in the 9-minutes of gameplay we can see.

The E3 demo for Lost Planet: Extreme Condition is the one of the best downloads we have for the Xbox 360, and the only demo we still have on our hard drive. The game should be out by the end of the year in Japan, with North American and European releases Spring 2007.

The videos are embedded below.

Fox Hunt mode:

Post Grab mode: