The Who fans will be sad to know that the promised release of the band’s entire “Who’s Next” album on Rock Band has been cancelled due to several master tracks turning up missing. However, it has been replaced by a 12-track compilation of the band’s best songs – “My Generation” and “Who Are You” have been revealed so far.

Each song will sell individually for $1.99, with the whole compilation going for $19.99.

“We were trying to release ‘Who’s Next’ in its entirety, but we were unable to locate all the masters,” Harmonix CEO Alex Rigopulos told The Associated Press. “In the face of that, [surviving band members] Pete [Townshend] and Roger [Daltrey] helped curate this best-of soundtrack of everything we were able to find.”

The tracks will hit Xbox Live Arcade July 15; PS3 users get it two days later.

Re-release of the classic Dreamcast fighting game Soul Calibur will arrive on Xbox Live Arcade this Wednesday, July 2. The Xbox 360 port of the game is priced at 800 Microsoft points, but will be totally worth it because it runs in high-definition and, according to Namco, features “no major additions or subtractions” from the original version.

The game will feature online leaderboards, but curiously, no online multiplayer. Soul Calibur 4, the latest in the series, will be released on PS3 and Xbox 360 on July 29.

Sony Computer Entertainment recently revealed that the PS3 would gain the much requested in-game XMB menu in a future update, but the company did not disclose full details until today.

Besides the in-game integration of the XMB menu – allowing users to play music and respond to friends, as well as manage PlayStation Store downloads – the update will introduce an Xbox 360 Achievements-like Trophy system and user profiles similar to Gamer card’s on the competing console. It will also double the console’s friends list limit from 50 to 100.

“Gamers will be ranked on a Level-basis depending on the bronze, silver, gold, and platinum trophies they earn across all games,” explained Sony. “These profiles will serve as virtual representations of PS3 users, allowing them to personalize their identities and display their gaming accomplishments.”

Most upcoming games will make use of the Trophy system. The v2.40 firmware update, which will introduce these features, will be released on Wednesday, July 2.

The market needed Age of Conan it seems, as the MMORPG has been stealing gamers’ attentions over from World of Warcraft, the long undisputed leader in the arena. Keeping in that tradition, developer Funcom today claimed that the recently launched MMO is the “undisputed #2 subscription MMO in the Western world.”

According to the developer, Conan has over 700,000 subscribers since its North American and European release in May, with the game said to be topping sales charts everywhere. By comparison, WoW has over 10.7 million subscribers worldwide, bringing in over $1.2 billion annually for the company.

Funcom recently announced content expansions and enhancements for the game, making it even more lucrative for World of Warcrack Warcraft addicts.

Internode Games Network reports that highly anticipated sci-fi RTS sequel StarCraft 2 won’t be released this year. The site notes that the studio is only “about a third of the way” done with the game’s campaign mode and is currently focusing on story and cinematics.

The above was revealed by executive VP Rob Pardo during his talk at the Blizzard Worldwide Invitational where the company revealed Diablo 3. Pardo noted that the company hopes to have something “impressive” to show by the year’s end.

Quite interestingly, Blizzard had never commented about a release date for the game. However, several retailers had updated the game’s listing to show a December 3 release date, causing many to speculate over the matter.

Developer Harmonix has announced Rock Band 2, the sequel to their popular band simulator. The game is due for release this September on Xbox 360 first, with other platforms following later in the year.

Rock Band 2 will include a track list composed entirely of master recordings, though no specific bands or songs were mentioned. It will feature many improvements, including easier party-play setup, better quality instruments and an expanded World Tour mode among other things.

Most important is the fact that the game will be backwards compatible with all the downloadable content released for the original. However, DLC for the sequel will be different, with the developer teasing that “[we have] added some cool new features that let you play your DLC in different ways.”

Price point and other details will be disclosed soon, the developer noted.

The guy who hacked Valve’s file server and stole credit card numbers of Steam Cyber Café users was caught by police in the Dutch town of Maastricht in the past week. According to the Dutch Ministry of the Interior, the 20 year old hacker had managed to “burn 13 million Euros playing poker online and shopping for notebooks, flat-screens and MP3 players” before he was caught.

He went by the online handle MaddoxX. “We also don’t want money from VALVe,” he wrote on the No-Steam forum last year. “We want a simple message on their site.”

MaddoxX is also charged with hacking his way into an Activision server and downloading an unfinished version of Enemy Territory: Quake Wars, as well as stealing 50,000 credit card numbers from an English ticketing site.

Those anxiously awaiting the release of Gears of War‘s sequel are in for a treat as a video highlighting the game’s new multiplayer features has hit the web.

Showcasing things like movable cover, chainsaw duels, new weapons, and all new execution methods, this informative video will be one that any Gearhead won’t want to miss.

Those thinking Gears of War 2 will be burdened with players over utilizing the roll-and-shotgun method of playing will be happy to know that Epic has taken some measures to combat this, as seen in the above video.

Gears of War 2 is currently in development by Epic Games and is slated for a 2008 release on Xbox 360.

After months of rampant speculation, Blizzard has officially announced Diablo 3 at its Worldwide Invitational event in Paris. The game is said to feature more quests than ever, with the focus being put on cooperative gaming. It will feature Deckard Cain, as well as a new version of Tristram and a new class called the Witch Doctor. This class of warrior will use magic to cast disease and mind control spells, as well as make use of pets such as locust swarms and mongrels.

Armor will now be class-specific, and will be designed to provide each character a unique look. Classes are said to be more diverse. Other improvements to the game include several control enhancements, including full zoom capability and a hotbar to easily access skills.

Players will be able to make use of the environment, bursting through walls and using the surrounding environment to kill enemies.

The full website for the game has launched, offering the first screenshots, artwork, information and even various trailers. Hit the jump for more information.

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In even more hardware news today, SCE CEO Kaz Hirai confirmed that Cell processors in the PS3 have been using the more efficient 65nm technology since the last holiday season. He additionally disclosed that smaller RSX chips are due this Fall.

Sony has been cutting the cost of PS3 manufacturing by reducing the number of components and decreasing the size of chips – the company recently posted a huge loss on the PS3 due to differences between manufacturing and selling costs.

The smaller 65nm RSX processor will be ready for installment in Autumn, he said. Made in collaboration with NVIDIA, the original chip used 90nm technology.