Vetteman94 said:
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They have two studios, one of which has yet to announce a title and hasn't been open for too long yet. I think what you're thinking of is their multiple teams. They've had one team working on Ratchet, another on Resistance, and then one team that moves back and forth between the two. Ratchet and Resistance are both developed in the same studio. (Regardless, there is still a two year cycle for each game).
OT: I'd love to see Resistance 3 this year. Killzone 2 was good, but I prefer Resistance to it. Both 1 and 2. The lack of co-op was one major problem I had with KZ2, and I loved the co-op mode in R2 though I do hope to see splitscreen as well in R3.