Killzone 2 all that it is hyped up to be?

[Mummelmann]

There was a lot of untapped potential in the first one, so on new hardware and with the AI outsourced etc I think it could be quite good actually.
Now, about comparing this to halo 3 hype; oh my God no, it is nowhere near that. Guerrilla Games have been rather quiet about it seeing as this is a follow up to a mediocre product (unlike Halo 3) and also after the E3 '05 sham that no one forgets and coinstantly remind them.
There won't be duffle bags, soda, toys of various kinds, a movie and a bunch of other things involved in the marketing of this (like Halo 3) so the hype will be big enough that the game gets some attention but small enough so as not to warrant a huge disappointment for the fans should the game not deliver their hopes.
I do find it a little funny and truly impressive, though, that GG managed to create visuals on par with the CG trailer in 2005. Anyone unable to give them any credit what so ever as devs at this point, regardless of past exploits, are truly blinded either by childishness or fanboyism.