Street Fighter 3: 3rd Strike Online In Development

By dropK1CK ninJA,
Via IGN:

At a panel Saturday at Comic-Con, Capcom producer Yoshinori Ono announced that Street Fighter III: Third Strike Online Edition was in the works.

No other details on the follow-up to the "Super Hyper Yadda Yadda" version of Street Fighter II were given. All we know is that it won't be out for a while.

But hey, something to look forward to in 2011.
For those not familiar with Street Fight 3, Third Strike it was the second and final expansion to the Street Fighter 3 game. It built on what the first expansion Second Impact has brought to the table.

Gameplay-wise Street Fighter 3: Second Impact did the following (via Wikipedia):
Released on October 1997, the second installment of Street Fighter III brought back all the characters from the first game and introduced two new ones: Hugo and Urien. Yun and Yang from the first game also became separate characters, with Yang receiving his unique set of Special Moves and Super Arts to distinguish him from Yun. Series' recurring hidden character Akuma also returned as a secret computer-controlled challenger and selectable character. Thus the playable character roster increased to 14. In addition to the regular Akuma, a non-playable computer-controlled version named "Shin Akuma" also appears in the single-player mode.

In addition to Super Arts, the player can also perform slightly more powerful versions of their Special Moves called EX Specials. By using a certain portion of Super Art gauge, the player can perform an EX Special version of a regular Special Move by inputting the command and pressing two attack buttons instead one. Other new abilities added to the game are "grapple defense", the ability to escape from a throwing attack, and "personal action", a character-specific taunt.
According to Wikipedia, Third Strike further expanded the roster to 20 and added a new combat technique:
Released on May 1999, the third and final installment of Street Fighter III brought back the classic Street Fighter II character Chun-Li, along with four new characters (Makoto, Remy, Q and Twelve), extending the selectable roster to 20 characters with Akuma now a regular character. All of the returning characters from the previous Street Fighter III games were given new stages, endings and even voice actors, continuing the overall storyline from where the first two games left off.

The commands for Air Parries, Throws/Holds and Leap Attacks were changed from 2nd Impact. Additionally, the player can perform a "Guard Parry" or a Parry during a Guard Stun if the timing is right. A "Guard Parry" is also known as a "Red Parry" due to the fact that the character turns red when performing it. The game also introduces a grade-based "Judgement System", in which the winning player in a single or two-player match is graded after the match based on Offense, Defense, Techniques and Extra Points. Special Points are also awarded after fulfilling special requirements.
The playable roster should be: Akuma, Alex, Chun-Li, Dudley, Elena, Gill, Hugo, Ibuki, Ken, Makoto, Necro, Oro, Q, Remy, Ryu, Sean, Twelve, Urien, Yang, and Yun.