As most people suspected, there was a lot more to the PS2 port than what Capcom said in their press release.
Syobo Online just posted this:
"First off, the breaking of exclusivity in this case was not because of user demand, but a plan to boost the stock price, as some already understood, but it seems like there has been confrontation between the developers and the management who are following shareholders' instructions. Capcom nowadays is different to when Okamoto worked there, the development team's voice seems weaker than before. It also looks like a lot of skilled staff will leave the company after the GC version of 4 is finished. But the people behind this rebellion are the developers, and they ask that you don't blame Mikami or Kobayashi. The GC version of 4 is the last one that Mikami will be involved in, the PS2 version will be passed on to someone else. People who used to work at Capcom are also shocked by this news."
I was also unaware about the number of people who did not know Mikami was leaving. It was announced around April that Shinji would leave to work at Clover Studios, a new studio at Capcom, after RE4. What I didn't know was that Hideki Kamiya was also transferring to Clover Studios and that Okamoto has left Capcom completely. Hideki was next most likely person to head the Resident Evil series and now PS4 and PS7 are left with no directors of any great experience when it comes to RE or even survival horror.
Given that Kobayashi said RE4 would mark the end of the current storyline that revolves around the T-virus, Umbrella, etc and that future RE games would concentrate on a completely new and unrelated story, it would seem that RE as we know it will end with RE4.
http://www.rehorror.com/