Marvel vs. Capcom 3 nearing development 'climax'

In a recent update on the Marvel vs. Capcom 3 developer blog, assistant producer Akihito Kadowaki wrote, "Development is approaching a climax" (as translated by Andriasang). While Kadowaki didn't elaborate on the exact meaning of that statement, it could suggest that the game's groundwork is almost complete, leaving plenty of time for the team to focus on character balancing before the game's expected release in spring 2011. Other, completely unlikely scenarios include: (1) Development is about to be handed off to British indie studio Climax Group for the finishing touches; or (2) an agreement has been reached with Sega to add Bayonetta to the roster.

Kadowaki also hinted that MvC3 would soon appear at an event -- hmm, what's coming up? If the core development phase, which reportedly began almost two years ago, is nearing completion, perhaps we could soon see a gameplay demonstration. Dare we even hope for a playable E3 demo?