True, very true. But this is still a great chance for Jazz to return. I guess all we can do is wait for more news, and hope that the IP in question is Jazz(And that Jazz gets either the Rayman Origins Treatment, or a HD Remake).

EDIT: Oh, and about what you said about Epic not wanting to license the Jazz IP: Epic said no to licensing an unofficial Windows Phone Port of the first game, which is a completely different thing from making an entirely new game, or an official HD Remake, or whatever is going to happen(Even if it isn't Jazz). But, despite all this, I do see your point. This might not even be Jazz coming back, but still, we should be excited.