Kotaku is reporting that Teenage Mutant Ninja Turtles: Turtles in Time Re-shelled has received a release date of July 22, and will be a timed exclusive for the Xbox 360. Since we're not in the business of just believing everything we read, we decided to contact Ubisoft for some clarification.
Our rep at Ubisoft indeed did confirm the release date and the timed exclusivity on Xbox Live Arcade, which is likely to tick off a few PS3 owners out there. We'd suggest copious amounts of Infamous and, if you're lucky enough, the Uncharted 2 beta to get you through these tough times.