Cryptic Studios has just announced their next project - Champions Online. Much like the companies' first big hit, City of Heroes and their now cancelled Marvel Universe Online, Champions Online is a superhero MMO. EuroGamer has gotten advance word about the upcoming game.

The game will be a superhero game for both PCs and console systems, which leads one to think that it may be salvaged from Marvel Universe Online, which was originally developed for the XBOX 360. Much like the later updates to City of Heroes, you will be able to play as either a hero or villain.

What will be interesting to see is how Champions Online competes with City of Heroes, which is now in the hands of NCSoft.

We'll keep you informed about the future of Champions Online as we discover more.