Here's some great news for all PS3 owners, it looks like Yakuza 3 is indeed headed for a western release. According to a reliable source from 1UP, the PS3 exclusive title is currently being localized for North American and European release.

The way this news bit came out was a bit funny. The PlayStation Blog posted on the release of Valkyria Chronicles 2 for the PSP, but the comments section got a little off topic. Lucky for us, Sega assistant community manager Aaron Webber made it a point to reply to a few posts, so we are all treated to this piece of info - Sega still has plans of releasing Yakuza 3 in the US.

While Yakuza 3's sojourn outside the land of the rising sun is still up in the air, Japanese gaming mag Weekly Famitsu gave out a few details about the game. Namely, mandatory installation. Details after the jump.

As if to taunt us some more, Sega's released new assets for the Japanese-only-for-now game, Yakuza 3. We've got several high res images for the game right here, and it shows some of those wholesome RnR mini-games we've reported about before. There are also a couple of very extensive video trailers to wedge that knife a little deeper into our backs.

This sucks, Sega! After teasing us with that beautiful Yakuza 3 PlayStation 3 unit, and all those screenshots and videos, now they're telling us they still don't have plans to bring the game to the West??!? Yeah, that's what they said. There goes my hopes slashed to pieces.

Discount retailer Don Quijote has just been tapped by Sega in the ongoing promotional campaign in Japan for the up and coming Yakuza 3. Starting on January 23, the store will be putting up posters of the games, which will have a QR code, which can then be scanned into your cellphone and get free wallpapers. But there's more, so do check out the whole news at the full article.

Head on to our full article right now and drool at the shiny, white Special Edition PS3 from Sega for Yakuza 3, first revealed early last month. It's heartbreakingly beautiful, but even more heartbreaking is that it's coming out only for Japan. Dangnabit!

Sega's Yakuza 3 intends to give you more than just riveting action, it also would like you to have some RnR in-game. According to the latest issue of Famitsu, there are a lot of other wholesome activities to be had in the game, and not just throat-slitting confrontations. Discover the wholesomeness of it all after the jump.

More tattooed Asian Gangster action coming your way right here for Yakuza 3. Get a clear picture of what to expect from the game in the video. The PS3-exclusive title also comes in a bundle with the 80GB PS3! This PS3 will come in gangsta-fashion ceramic white, giving you the feel of an actual gangboss. Bundle details and video in the full article.

Now I don't know why they decided to name this Yakuza 3 trailer "Japanese Strip Teaser". Yes, it does involve a Japanese Strip Teaser, but that's something we've already seen before. In fact, this "Japanese Strip Teaser" trailer is actually showing more Kazuma skin than the "Japanese Strip Teaser" herself. So unless the strip teaser they're referring to in the title of the vid is Kazuma, then... Ah well, just check out the trailer in the full article and see for yourself.