I would like for the game to be announced on next generation consoles only because of what it would mean for the PC version (Unreal Engine 4), as I am a PC player. DmC is definitely the best looking AND best running Devil May Cry in the entire franchise by several miles if you play on PC. It is also the most flexible with regard to mods!
On the subject of Capcom's stupidity or lack of thereof, I must be the biggest Mega Man nut in the universe and I still think he needed a break. I didn't like MegaMan Legends 3 being canceled, but I also didn't like it being on the 3DS. The platform REALLY doesn't do the game justice, and I'd really love to see it come back as a bigger game in the next generation.
If this is what they are planning to do, then I have faith in Capcom. However, Capcom really has done stupid things (lack of Marvel vs Capcom 3 for the PC even though it runs on the MT Framework which is perfectly PC friendly and SF4 sold like hotcakes on PC, Resident Evil 6 as a whole, the way in which they have handled DLCs, the way in which them and NT handled the entire DmC marketing...) so I'm not really being too hopeful with regards to Mega Man.
I mention this because it is also related to how I feel about Devil May Cry as a whole. The way in which they have treated Mega Man (and Final Fight, another one of my favorite franchises in history except for the HORRIBLE Streetwise on PS2) makes me fear for Devil May Cry/DmC, and I would love to be proven wrong. I would love for Capcom to prove me wrong and show me that they really do care.