Irrational Games, co-developer of System Shock 2,yesterday announced their next game - a "spiritual successor to System Shock 2" - BioShock.

Not a lot is known about BioShock yet and most if what is, comes from a Gamespot 'First Look' which broke the news last night, so rather than copy & paste the article here, you might as well head over there and read it. Remember to check out the 15MB video interview with Irrational's General Manager, Ken Levine. The video is in Real format so you'll need something than can play RM files.