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As sad as this makes me (3 years without a new ND game, woe is me), at least we know UC4 isn't being rushed to market. As others have said, i'd rather it be delayed and complete than get a lesser experience sooner (*cough* LBP3 *cough*).

Sony really need to find something else to focus their holiday marketing on now though. A price cut could potentially be all they need to stave off most of what MS does, and fortunately they still have plenty of pre-holiday releases, but going the entire holiday without any major exclusive releases would be pretty depressing.