Check out the video featuring footage and interviews with developers of the upcoming spook-fest sequel, Silent Hill V. Development of the game has been handed off to The Collective, but they seem to be determined to return the game to territory more akin to Silent Hill 2 than the mixed reception of IV. They’ve got a pretty solid looking engine running that features a lot of the familiar effects now rendered in real-time plus they’ve worked to enhance the combat which was always kind of a series weak point.

Unfortunately the interview doesn’t dive too deeply into how well The Collective can manage to retain the creeping psychological unease Silent Hill is famous for (versus rival series Resident Evil‘s shock and gore approach).

Silent Hill V is due sometime in 2008 for PS3 and Xbox 360.

There are also a couple of related interviews with original series creative mind, Akira Yamaoka. The first talks mostly about Yamaoka’s role as composer for the upcoming Silent Hill V and PSP title Silent Hill Origins:

The second is sort of a rundown of Yamaoka’s recollections regarding the previous games in the series, plus awesomely bad footage from Yamaoka’s “joke” music video: