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I too think that PD bit more than the could chew. They wasted too much time on special events like the Citroen Concept, GT PSP game, and even the display on the Nissan GTR R35 real life car. When FM3 showed it's game at E3 they panicked, because let's face it, none of us believed that FM3 would be this good. Now they're facing a struggling battle to try and release GT5 as soon as possible to meet the competition, which basically, is winning.
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Sorry but what a load of rubbish. You are making many assumptions based on no facts whatsoever. How do you know PD panicked? How do you know how good FM3 will be, have you played it? How can the competition be winning when both games haven't been released!!
If anyone is panicking over the competition then its Turn 10. Why do you think they mentioned their competitors so much at E3? Why did the community manager of Turn 10 try and bribe the community in a meaningless poll? Why is it anyone who posts about GT5 on the forza forums gets their post removed with the threat of a ban?
One argument I get sick and tired of reading is when I hear fanboys laughing at the length of the GT5 development and how Turn 10 have released Forza 1,2,3 in a short space of time. Well there is a reason for this because although the Forza franchise is excellent fun it lacks the polish of the GT franchise. I couldn't give a monkeys how long a game takes to develop because its the end product that counts.
Besides all of this since GT4 we have seen GTHD, GT5 prologue, GT PSP. So it isn't as though PD have sat around doing nothing.
So instead of making assumptions based on no facts lets wait and see what PD announce at TGS.
Just add anyone find it strange coincidence why the FM3 demo is appearing on the 24th Sep. Very odd that a demo appears one month before release and I believe MS/Turn 10 are releasing this demo to steal PD thunder at TGS.