CaptainPrice on 14 March 2010
They really must have Uncharted 3 ready for 2011 holidays. That means they wouldn't have a Jak and Daxter ready until late 2013, which might be too late for this gen.
So the best option is probably for them to pass the IP to another studio they have good connections with. Maybe Insomniac could handle it as they have the manpower with the new studio in NC and the tech with the R&C engine.
Or Ready at Dawn might be a good idea. They made Daxter and GOW: COO for PSP, and have been working on a game engine for PS3 and PSP.
