This game is currently scheduled for release on PC, and is expected for release in some form on next-gen consoles as well (sample footage assumedly of a portion or the characters of UT2007 was displayed at E3 2005 on PS3 as a concept demo), although exact plans for release have not been confirmed.
Rumors, how fun. Hey, if I "expect" PNJ to come to PC, would people listen?
Edit; making sure that the expectation thingie is showed.
And the portion of UT2007 display; Eh; Sony made a deal to make alot of UE3 engine based games for the PS3 and even if it is footage of a UT title it would be logical to be UC3.
Did I already mention how I loathe rumors without base?