When Capcom woke up this morning, it decided it would like to have roughly a bajillion dollars by this time next year. It walked over to a secret panel in its foyer, slid it open and pressed a button inside labeled "New Monster Hunter." A press release was instantaneously launched announcing Monster Hunter Portable 3rd, the next PSP-based entry in the franchise, due out in late 2010.

The announcement heralds new monsters and areas to explore, an expanded "Felyne Comrade" system (we're pretty sure that's Russian for "cat friend") and improved co-op play. You can get your first look at the outrageously large-sworded title in a trailer posted after the jump.

[Thanks, Krystian!]