From the rumors to the Marketplace link, we now have our first trailer for Fable Heroes for XBLA from Lionhead Studios. You can see the cute style that combines hack-and-slash gameplay with classic Fable powers like slowing down time and other magic powers. You’ll see some crazy mini-games like capturing chickens to hitting a chest to get the most money out of everyone. It looks like a pretty solid and cel-shaded hack-and-slash that’ll include four-player online and offline co-op. It will also have features and unlockables for the upcoming Fable: The Journey for Kinect for Xbox 360. No release date is currently set but look out for more Fable this year.