We are a day or two late on catching this, but Konami is currently testing their latest incarnation of Silent Hill (simply called Silent Hill Arcade) in Japan as of May 1st and the 2nd. Each test will run for about 10 days, one at the Tokyo amusement park Pallet town store and the other at Komaki Metropolis Store.
If a game does well on a location test then it isn’t long before it will see a general release. The question still remains though on whether or not this game will make it to the States. Stay tuned to Arcade Heroes for future coverage on Silent Hill Arcade.