There are 4 projects on work at XGP that people on Windows Central are aware of. Neither of them are the rumoured Kojima project.
The "cyclone" project is the furthest along on development, and likely the one that will be announced SOON™
The DRAGON that Jez teased in relation to @Klobrille tweet is from another project.
3 of those projects are NEW IPs. One of those is a SPIN OFF of a existing IP (duh)
One of them is something that he would never imagined in any level possible: be it the genre, the developer who is working on it and the scope of it.
2 of those projects "are very very BIG" (scope/ budget ???). The "cyclone" project is one of them.
About the Cyclone Project: "Its being made by a very cool team, we talked about it being ambitious connected world, and it's going to be this big ONLINE MULTIPLAYER EXPERIENCE that kinda of does something VERY UNIQUE in this space. They're trying, for what it sounds like, make a MP game that isn't your third person looter shooter, it's not a MMO, it's something that kinda stays on its own thing."
The dev of the Cyclone Project hasn't been multiplayer centric in the past
