I would love it to be true.
Be still, my heart. Epic Games vice president Mark Rein has posted the words on Twitter I've been waiting years for: Unreal Tournament is coming back. We don't know what form it will take, but Rein followed up his original tweet "I love Unreal Tournament, so excited for the comeback" with a confirmation—"Yes UT coming back!"—and a link to Epic's Unreal Engine Twitch account, where the future of Unreal Tournament will be revealed Thursday, May 8 at 2PM EST.
Since Epic plans to unveil its plans for Unreal Tournament on the Unreal Engine Twitch channel, and not the Epic Games channel, we can make a few guesses about the game. It may be a showpiece for Unreal Engine 4 in the way Gears of War was for Unreal Engine 3. It may simply be a tech demo for Unreal Engine 4 and not a full game. Wouldn't that be a drag.