Keep your eyes open. Yes Sega have previewed the first game for Dreamcast at E3. It is a Star Fox / Novastorm type game being developed by Argonaut in the UK and although it apparently uses only 20% of the machines power is very close to Sega's Model 3 arcade games.
Dreamcast. Unfortunately this seems to be a global name. In Japan, OK, but the US and Europe will probably laugh when they hear the name. But the success of the system can't be judged by it's name alone. Let's look at the facts. This is one powerful machine. Well ahead of anything currently available.
Developers for Dreamcast? Well look at this list : Acclaim, Midway, Interplay, Microprose, GT Interactive, Ubisoft, Capcom, Konami and in Europe according to CTW, No Cliché (Adeline), Bizarre Creations, Red Lemon, and Argonaut.
Capcom are apparently working on a RPG for Sega's new console. However, instead of being one huge Epic like Final Fantasy 7 on Playstation small "stories" will be released every month or so.
Yoshiki Okamoto has annouced that Capcom are developing Resident Evil 4 for Dreamcast. It should hopefully be released in 1999.
How much are Sega spending on marketing? A very cool $100 million in the US. Hopefully, they can pull off something as energetic and exciting as Sony's Playstation launch marketing.
Power. This machine has it. A Hitachi SH-4 CPU @ 200Mhz, NEC Power VR2 Grphics chip rendering 3 million polygons per second and a 64 channel yamaha sound processor. For more details go to the Tech Specs Page.
Release Date? Well Japan is now confirmed for November 20 this year and will be released in the US in Fall 1999.
June 8-9 will see SEGA releasing a list of software developers for Dreamcast. A conference will be held in mid-September to give details on the five launch titles (half of which are first party). Playable demos of said games will be shown at the Fall Tokyo Game Show October 9-11. A pre-release party is being planned in November during the Sega Digital Circus.