Faked video is faked video.
But they made some updates from the case...
Update: Some readers have pointed out that this video may be slowed to give the appearance of longer load times. Make of it what you will!
Update 2: We asked Sony about the theories that the video has been doctored to show slower load times. A spokesperson told us that no one on the GT5 product team in the U.S. had witnessed load times as slow as the one depicted in the video posted here. Has the video been altered? Was there something up with that build of GT5 that day? Does the game load its tracks that slowly? We can point to this video, cited by readers, of another pre-release version of the game loading the Nurburgring track more quickly. But we cannot confirm if the video has been altered.