Quake III Team Arena for XBOX 360???

Found the following on the idsoftware site, with a cross reference to gamersreports.com

Don't know how much truth there is to the rumor, if any, however if it is true, XBOX 360 Quake fans are in for a huge treat!

IcemanXBTR

"There is a new game for the Xbox360 rated over at the ESRB. If you search for "Quake" at the linked search page, you will see the first result listed is Quake III: Team Arena. We can only assume that this title will be hitting the Xbox Live Arcade soon. Sounds encouraging!"