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Last i heard the game is set to come out February 28, 2009. And they have not been saying that for the last 3years dogweed, the first official release date i heard was during an August 2007 game presentation when one of the developers said it was coming out in 2008. Many months later the Killzone site listed the release date as 2008. The date was only changed less then 2months ago.

The first Killzone was not a Bad game, it was a 7+ game across the board. And from the videos we can clearly see Killzone2 plays very well. It plays kinda the same as the first killzone, which is like a tactical shooter. And not an arcade style FPS that CoD4 is. The cover system is also a nice addition to the mix aswell, from the videos we can see it works very well for you, your teammates and the helghast troops.

Its also too early to predict the sales, the first killzone sold very well and should have a nice size fanbase.  The game is also a FPS game which we know is a very popular genre.  We also have no idea of how many PS3's will be sold be the date the game comes out.