As reported on Thursday, a report from Jedinet stated that Fox Studios Australia might have a familiar fighter in store for us in Episode III.  "Apparently the Republic has some new fighters in their arsenal, and it seems that Lucas might be bringing the familiar X-Wing back into action in Episode III." As I said in that article, I thought that these fighters might be too new for Episode III. Now Jedi Yug has provided the proof from StarWars.com that this was not a ship for Episode III, but something else.

Hi bud,

The X-Wing at Fox Australia was NOT made for Episode III. Here it is from
the official site.

"One of the highlights of the recent opening ceremony for Fox Studios
Australia -- besides the appearance of C-3PO and R2-D2 -- was the landing of
a full-size X-wing fighter accompanied by a dazzling show of smoke and
lights. This wasn't ILM digital magic, but a real-life special effect. As
these behind-the-scenes rehearsal photos show, technicians at the studio
rigged a two-ton X-wing that had been built years ago for a Star Wars video
promotion and "flew" it onto the stage with a giant construction crane. A
dazzling display of pyrotechnics accompanied the landing, and the droids
seemed to emerge from the fighter's cockpit."

Here's the link with pictures.

Great work Jedi Yug!! There you have it fans, strait from StarWars.com. No X-Wings in Episode III.