Volumes Of Fun has announced their 3D arcade shooter, Voxeliens which initially will be Windows-only with Mac and Linux soon to come. Here is the official scoop:
Voxelien’s graphical style comes from its use of voxel technology, which allows the game world to be built from millions of individual cubes. This approach is perfect for maintaining the pixelated look and feel of yesteryear whilst harnessing the power of the GPU for modern lighting and rendering. It also allows for terrain to be dynamically destroyed according to gameplay events, meaning players can hide under cover and then shoot through it to take out enemies.