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mrstickball said:
Munkeh -

What is not speculation is the number of devs on the project. We know for certain, as per most articles, that Killzone 2 had ~120 developers on the project. Although it's certain that many were not employed over the course of the entire project, it does tell you that the game had considerable man-hours in it.

So I fail to see why stating $40 million USD is so far-fetched. It lines up with any news we've ever seen. If you'd like to refute that, go ahead.

it was a very small team, then it grow to over 120.

this is in kz2 developer walkthrough.

and they also built the engine for scratch.