After years of waiting, Square-Enix has announced that Obsidian Entertainment’s rather sweet-looking Dungeon Siege III will be available in Europe on May 27, 2011 with North American gamers entering the fray a few days later on May 31.

For those that don’t know, the all-new incarnation of the classic action-RPG franchise will make its debut on the PS3 and 360 alongside its familiar place on PC Windows-based machines.
Here’s an official description of the game:

In Dungeon Siege III, players assume the role of one of four heroes, fighting for the sake of their fallen comrades and to restore the land of Ehb. Conflict is constant in this action-RPG and decisions have lasting consequences, allowing players to alter the storyline. Choose to do battle as a lone hero or fight for honor in the co-op mode with up to three friends. Thanks to the robust AI, Dungeon Siege III’s co-op multiplayer mode allows players to seamlessly drop in and out of battle without interrupting the action or impacting the campaign.

In addition, Square Enix outlined various pre-order goodies from various retailers, which goes a little something like this:

DUNGEON SIEGE III PREORDER PROGRAMS

GameStop

Receive two exclusive in-game items by preordering at GameStop
• Burning Band of Scorch
 – This exclusive preorder in-game ring increases the raw damage of a player’s attacks and sets all foes ablaze with any weapon
• Talisman of the Grand Mage
 – This exclusive preorder in-game necklace reduces incoming damage on the player and grants the ability to lash out with a mystical attack that injures enemies in close-range combat

Steam

Relive the classic Dungeon Siege I and Dungeon Siege II games as a gift with purchase through Steam
• Players who pre-purchase Dungeon Siege III will get three games for the price of one, as Valve will offer single-player versions of both Dungeon Siege I and Dungeon Siege II as free downloads for PC platforms

Amazon.com

Receive a limited preorder exclusive in-game ring
• Bite of the Arakun – 
Grants the player the ability to poison enemies with lingering injury or soften their defenses, leaving them vulnerable for follow-up attacks.

Best Buy

Another exclusive preorder in-game amulet
• Sacred Heart of the Legion – 
Increases a player’s health and pushes close combat assailants back each time the bearer is struck in battle

Walmart

Mini-comic and strategy guide
• Pick up the Dungeon Siege mini-comic from Dark Horse Comics and a free mini-strategy guide from Prima Games with a preorder at Walmart
“Dungeon Siege has returned and it’s better than ever. We [Square Enix] have partnered with Obsidian to bring this critically acclaimed classic franchise back in an all new, re-imagined form,” said Ami Blaire, vice president of marketing at Square Enix, Inc. “With its heart-pounding action, epic lore and an endless variety of quests, Dungeon Siege III is a must-have for any video game collection.”
So, who amongst you is looking forward to Dungeon Siege III? What do you think about the pre-order incentives?

Let us know in the comments below and check out the game’s official website for more!