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Images leak of Valve's next game, and it's an Overwatch-style hero shooter
(www.eurogamer.net)
Though the way the leaker describes it makes it sound more like a 3rd person MOBA than a hero shooter.
SMITE isn't a shooter, though. Overwatch 2 killed Overwatch and left an empty space. I don't see a problem if two games (or more) try to fill it. I hope they are fun.
That said, it shouldn't be Valve's only focus if fans are expecting different games from them.