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Dark_Lord_2008 said:
Do not be surprised that GTA V ends up delayed until PS4 and X720 launch.

Launching GTA V for the current console makes the most sense because you have 140 million PS3/360 gamers. Delaying GTA V for next generation consoles is not an option. They could always re-release a higher resolution port of GTA V as a launch game for PS4/720 but PS3/360 will have GTA V.