interview with Famitsu today, the former Capcom Global Head of production reaffirmed his desires to continue Legends 3 at Comcept.
In response to the question, "Out of every series you've worked on, which would you like to continue the most?", Inafune explained there are games creators wouldn't want to produce a sequel to. Citing Mega Man Battle Network, these are the games in which the story is completely concluded in a creator's mind. Ultimately, there is nothing left to tell. On the contrary, Mega Man Legends is a series and story he wants to continue for years to come.
"Honestly, I still wanna make it," says Inafune. Unfortunately, moving forward is easier said than done. Inafune cannot continue production unless Capcom officially commissions him. Nonetheless, the desire to make the game as his own is strong to this day.
"For a creator, the creation is like his child. With "King of Pirates" (Inafune's latest 3DS game), I wanted to state that fact on paper and make it official." After Legends 3's cancellation, Inafune saw fit to ensure all future projects were branded under his signature -- proof of ownership. In the case of King of Pirates, he's posted a copyright mark "KI (Keiji Inafune)" alongside the Marvelous AQL logo. For all intents and purposes the game is his.
With Legends 3 at Comcept, Inafune would no doubt see the game to completion, topped off with the blessing of his signature and ownership. Alas, nothing can be achieved unless Capcom gives him the greenlight. C'mon, guys, let's strike a deal here!
Source: Roll's Wrap-up (100,000 Strong For Legends 3)