Details from MS after the break.
"Microsoft Game Studios (MGS) will also pull back the curtain on another beloved franchise with the triumphant return of Banjo, one of Rare’s most successful characters, in “Banjo-Kazooie: Nuts & Bolts.†Defying the laws of nature, a bear, a bird and a backpack team up to embark on another incredible adventure this November.
MGS is breaking the rules of traditional platformer games by putting the power to invent new abilities for Banjo directly into the players’ hands. By using their ingenuity to build imaginative vehicles that can be combined with infinite variations, gamers help Banjo successfully complete missions through multiple terrains.
Through exploration, discovering hidden secrets and solving puzzles to win rewards, players will continually find increasing ways to customize and improve their contraptions, creating an unprecedented level of user-generated content and emergent play for a 3-D adventure game."
link
about time they make another game