What on earth is happening with Sony? How did PD, the first to bring TV quality visuals in racing games and fantastic content ended, up with constant delays, cancellations, false and failed promises? How did the GT franchise end up here? Xmas 2008? That's shameful! That's 2 years after the release of the PS3. FM2 is 2 years in the making and if they stick to their release date it's a show of force to the PD studios. The genius of PD will take from Xmas 2004 to Xmas 2008 to make the next GT? That's crazy!
PD became so full of themselves that they totally lost track of what really got them to their position in the first place. It's like the Wachowski brothers: when the made
The Matrix, it was highly regarded and was, in some ways, groundbreaking. It had great action, a great story, strong undertones of mysticism, and a subtle underlying philosophy to it.
Reloaded was where they lost track; it wasn't much more than a kung-fu-fest, with some semblance of whatever they drunkenly thought the plot was from the previous movie. By the time they got to
Revolutions, it was a fest-fest: gun fest, CGI-fest, robot-fest, and a little bit of kung-fu-fest.
The problem was that the Wachowski's thought the success of the first movie was due to the fantastic action & camera work. That's an idiotic viewpoint. The success was the complete package: action, story, characters, etc..
This is how PD has failed. They had a great package in GT1: graphics, huge variety of cars (for the time), strong physics (again, for the time), and good racing. GT2 was more cars, but pretty much the same; it didn't move the plot forward. By the time GT3 came out, since the gameplay was exactly the same, it was pretty clear that PD thought the success of GT1 & GT2 was due to the huge number of cars and graphical detail. Yamauchi is so lost in his own success and fame (and money), so surrounded by Yes Men, that he has completely lost touch with the fanbase and with what it means to create a solid game.
I will still buy GT5, but only because it means it will continue Yamauchi's secondary goal of creating a museum of cars, something I actually enjoy. I have no illusions of it being a great driving/racing game.
It should also be noted that this is pretty much where Microsoft comes in. Their history has been to hang around in a given market, doing some R&D, waiting for someone to screw up. And someone always does -- badly. It has happened in every single market they dominate, and Sony (but not Nintendo) is leaving the door wide open for them. I do not look forward to what happens if Microsoft takes that step forward.