A report over at CVG seems to have ‘confirmed’ Killzone 3’s existance as well as new features to the franchise namely compatiblity with the Sony Motion Control Device, and full Stereoscopic 3D graphics (assuming you have the telly for it!).
It’s forming a key part of both Sony’s Motion Control and 3D push towards the end of THIS YEAR!
It gives the game a solid 18 month dev cycle and puts Killzone up against Call of Duty in the Q4 2010 line up. Hopefully enough time will be spent building on Killzone 2’s solid ground work and not just injecting fancy new technology!