Not only will there be another spate of Resident Evil films, but some are even, it seems, going to deviate from the Paul W.S. Anderson live-action trilogy, and at least one will be completely CGI. With the advent of films like Beowulf and Avatar, it looks like filmmakers are really into the idea of doing movies that are completely computer generated.
The makers of the film promise a brand new storyline, not related to any of the previous movies, and say that the project will be completed and released sometime in 2008. Though we're not sure if it will be released straight-to-DVD, or if there will be any theatrical distribution, you can count on TheFeed to provide more news as it happens.