In the final days of the Tokyo Game Show 2009, Game Watch reports that Capcom revealed a new upcoming game which appears to be a version of Ghouls 'n Ghosts for the iPhone. Ghouls 'n Ghosts was the sequel to Ghosts 'n Goblins and has seen a number of different versions over the years with Super Ghouls 'n Ghosts and recently Ultimate Ghosts 'n Goblins for the PSP.
The exact title of the iPhone game, however, was not revealed, though the game is said to use 3D models while still being a 2D side-scrolling action game.
The game is a side-scrolling 2D action game, but the graphics are rendered in 3D polygons. It seems as if you can choose between two initial protagonists at the game's outset, 'Arthur' and 'Lancelot'.
In that way, it shares some characteristics with the PSP's Ultimate Ghosts 'n Goblins which was the first of the series rendered in 3D. Another photo shows the in-game map:
Capcom did not reveal the target price or release date.