midway_logo.jpgFinancially ailing publisher Midway may still have some tricks up its sleeve, as the company has revealed that a secret, unannounced internally developed game is “already looking as good as Gears [of War] 2.”

This comes from creative director Simon Woodroffe who was speaking to Videogamer at a Wheelman press event in London.

Apparently, the game has been in development for only three months and that it is powered by Epic’s Unreal Engine. Woodroffe notes that the company’s policy of sharing technology is finally paying off as they are now achieving their target of simplified development and better-looking games.

As for the game itself, he disclosed that it is similar to Epic’s cover-heavy game, but that the “game mechanics are kind of different.”

“It’s going to be really big and really important,” he explained. “It’s not often, especially when you’re a cynical type, that you see a prototype or creative slice and just get blown away by it. But in this case, the hype is justified.”

He also revealed that another game is in development at Midway Chicago, though it isn’t due out until 2010.

Tags: Action, gears of war 2, midway, PlayStation 3, Xbox 360