What Rei suggested is the ONLY way KH3 will release this gen, the usual team will not be making it. Then one has to think logically and wonder how on earth Wada Nomura would let that happen, it is like Kojima saying he will not make the next flagship MGS game.........it's never going to happen.
If Versus released this year then fine it could happen but even that one will not release at best until 2010 in Japan. It can even be for Wii but development time for the game will still be very long, I would say at least 2 years. 2012 at best and that is if the KH team take no break, I just don't see KH3 this gen. That is of course if the usual team make the game which I am sure will be the case.
It must be noted that KH is not being wasted this gen, a game for the DS and PSP are in production. The franchise has not been milked to the point it can no longer stand without crutches which is only a good thing.







