Take the Bullet was a planned light gun video game for Sega Dreamcast from Red Lemon Studios. Unusually for its genre, it showed the character’s weapon on screen as in a first-person shooter, had an optional third-person view and was slated to have both online and split-screen multiplayer modes.
The game was originally announced for a Christmas 1999 release in Europe. This date was missed. As of March 2001, it was still planned for release, but never actually came out. It was never planned for release in North America. – [info from Wikipedia]
Thanks to Jenkins and eSPy for the contributions!