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As to question 2: don't know for sure if it's profitable yet, some say yes but at any rate they built a pretty damn good engine during the development of KZ2 that can (and probably is) being used by Guerilla in subsequent games.  And at least some of the resources can be useful to other Sony studios. 

So if the game is currently profitable including the cost of engine development, pretty sweet, b/c KZ3 will cost a ton less and the engine helps subsequent projects inside and outside Guerilla a lot.