No one can tell you exactly what the game will be like for sure.
However, things aren't looking too bad at the moment. Early videos of the game look absolutely stunning, and gamers and critics alike gave positive reviews to hands-on time they got with the Killzone 2 demo.
In my opinion the game will probably be mostly a single player experience. Considering the complications of the tech their using, Guerilla will probably spend the majority of their time on the story mode, making sure it gets finished.
I don't think the multi-player will be simply slapped on though, as the devs have stated that they've been working on the multi-player aspect of the game "since the beginning".