BioWare's Mass Effect in development for PS3?

via cvg

Is BioWare currently developing for PS3? Well, word on the interweb says a tentative yes.

According to a report on Shacknews, BioWare CEO Ray Muzyka apparently let slip to gamers attending the Video Games Live concert in Edmonton, Canada earlier in the week that the dev's working with Sony's new console

There's been no follow-up confirmation or denial from the studio as yet, but we're hoping to prise that from its jaws later today.

Should BioWare be developing for PS3, would it be its shooter-RPG Mass Effect that's to grace the console as well as Xbox 360? Or does the developer have plans to release its yet-to-be-fully-announced MMORPG on the machine? Or would it be an entirely new IP? Answers on a postcard too..