Even if this isn't anything to do with Silent Hill, Konami said they had "key projects" in development a while ago. Then again, do they even give two ****s about resurrecting the franchise? All they do is plug merchandise about the games, while not delivering fans a new game. Thus, we feel teased.
I mean, they outsourced at least four games after the post Team Silent era. It could print money for them if they just let people give it a go.