Insomniac Games just announced its next installment into the Ratchet & Clank universe with Ratchet & Clank: All 4 One. The title will be a 4-player online/offline co-op that features drop-in/out gameplay abilities.

The title is scheduled for release in the Fall of 2011 and will feature Ratchet, Clank, Quark, and Nefarious as playable characters. Not much else is known about the game, but you can expect it to play and look like a Ratchet & Clank title from the past.

This is great news!