Ubisoft has announced Bloody Good Time for the Xbox Live Arcade and Steam (PC). The game is a multiplayer shooter running on Valve’s Source engine. Essentially, the Bloody Good Time puts players on a Hollywood set and lets them decide what they want to do. It supports up to eight players and features lots of weird and wacky weapons like frying pans and explosive remote-controlled rats amongst usual gun fare. A release date is yet to be announced.