Well, GT5 is now officially delayed until Spring 2011 for Japan, and the latest rumors are that it will be the first and last full Gran Turismo on the PS3 platform. Thanfully though, Prologue will be getting updated with a few new cars and a new track (Tokyo R246), and we may well see a brand new demo before the holiday season. Damage has been confirmed as full for race cars, scratchy/scuffy for production cars, there will be a full day/night cycle (compressible to your own timeframe) and weather to simulate the weather at the real track or where you live. Proof inside the spoiler:
Only joking, now go and do some reading you lazy bum!
I want to slap you right now.