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Following up on Street Fighter: Round One – Fight!, Eagle One Media is adapting issues 7-14 from vol. 2 of Udon Studios’ Street Fighter manga into a motion comic. Street Fighter: The New Challengers brings to life all of your favorite characters and story archs, from Ken and Vega’s rivalry to Cammy’s exploits as a Delta Red operative. When you pre-order The New Challengers from Eagle One Media’s online store, you’ll also receive a free 4″ figure of your choice, from Ryu, Bison, Ken, Chun-Li, and Seth.

Street Fighter: The New Challengers goes on sale August 2.

It’s a good day for the “video games as art” debate, The Smithsonian American Art Museum has announced the winners for its “The Art of Video Games” exhibition. The event will be held from March 16, 2012 to September 30, 2012 and will feature 80 games, as voted by the public, and five that you can actually play. Although the museum stressed that this is focused on art and not the history of video games, you have to wonder what titles primarily known for gameplay innovation such as Utopia are doing on the list. In any case, you can check the full list of winners, broken down by era and console, here.

As a side note, anyone find it interesting that for the NES, the winner for action is Mario and the winner for adventure is Zelda? And for the Super NES, the winner for action is Mario and for adventure it’s Zelda? And for the Nintendo 64, the winner for action is Mario and for adventure its Zelda? And for the Nintendo Wii…

The great debate of our medium of choice has raged for quite some time now: are video games art? Can video games be art? Should they even try to be? Roger Ebert has most notoriously declared no, that in spite of his inexperience with video games, they cannot be art. Earlier in the year, the Smithsonian discredited him, with its upcoming “Art of Video Games” exhibit and now the Federal Endowment for the Arts is doing the same.

For the fiscal year 2012, the Federal Endowment for the Arts is expanding its category The Arts on Radio and Television to become The Arts in Media.This new category encompasses art delivered via satellite, over the internet, through mobile devices, and now includes “digital games.” You can apply for a federal grant here to develop, produce, or nationally distribute your work.

After more than three decades, I think it’s safe to say video games have passed the “fad” phase and are now becoming a substantial area of historical pop culture. I personally can’t wait to see what new initiatives like the Smithsonian and the Federal Endowment spring up next.