The only way this is ever going to happen is if MS funds Sega.
Does a deal with them: have Shenmue 3 Xbox exclusive, and have Sega make a bunch of exclusive Connect games.
Aside from that, the only other option I could see to bring this game to fruition would be develop it as a 3DS title, which obviously would cost a lot less, tho be a bit of a let down after originally being cutting edge.
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