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Quite a lot of negativity in this thread. Didn't Alan Wake, GT5 and Fez finally come out too? A game doesn't automatically have to be terrible if it doesn't fit the 1 or 2 year development cycle.
Team ico should have made some money from the Ico/SotC collection. I'm guessing TLG will first come out for ps3 and will get a relaunch on ps4.

If studios like Team Ico didn't take a chance on something difficult to realize we would just be left with yearly updates of the same stuff. I can wait and am not worried at all it will turn into a DNF. It is still being worked on by the original team, on the same console with the same vision. Nothing like DNF at all.