We all knew another Guitar Hero was coming, and this time you get to buy a game with songs you already own! The catch? This time they can be used as a full band. Activision has announced Guitar Hero Greatest Hits for the Xbox 360, Playstation 3, Nintendo Wii, and Playstation 2.

“Featuring 48 master recordings, Guitar Hero Greatest Hits delivers exciting online and offline gameplay modes including Band Career and 8-player “Battle of the Bands,” which allows two full bands to compete head-to-head online. In Guitar Hero Greatest Hits players’ rock n’ roll fantasies turn to realities as they create their rocker, compose their music and share it with the world through the innovative Music Studio, GHTunesSM and robust Rock Star Creator gameplay modes first introduced in Guitar Hero World® Tour.”

Features include the ability to play songs from the guitar only games (Guitar Hero, Guitar Hero II, Guitar Hero Encore: Rocks the 80s and Guitar Hero III: Legends of Rock) as a full band, A setlist involving all of the favorite past GH songs, new locations, and the ability to use the studio introduced in World Tour. Check out the screens below and follow this LINK to the trailer.