Rhazer Fusion
Member
Tekken 7 could easily be in development now, since it's going to be on next gen hardware most likely.
Honestly, we probably won't see Tekken 7 until 2015 at the earliest and that is being generous. Tekkens do a very long time to come out and Tekken 7 will probably be fairly different. I don't think they are really going to simplify it too much though because they could upset the hardcore fanbase who support, live and breathe this franchise. The tag feature will definitely be gone, there will be noticeably less characters, I imagine there will of course be new moves for everyone and some type of new feature or two.