Naughty Dog President announces Uncharted sequel in production. Expected 2009.
Kane & Lynch 2 is in production as well.
EA working on GI Joe game, UK release uncertain.
Prince of Persia: Ghosts of the Past on the way.
Vib Ribbon coming to PSN, allows you to use your Music Cd's to create levels.
Harmonix could be working on software for Rock Band which reads data off a Cd & creates a 'level' from it.
Ps3 version of Bioshock was near completion but held back by 360 exclusive rights, it may never be released but it does exist.
Online shooter Left 4 Dead on way to Ps3 using HL's Source Engine.
Onimusha 5 in 2009.
Grasshopper, who created Killer7, making game for Ps3.
Wing Commander might be on the way, as well as an EA space-based game (NOT Dead Space).
Rockstar are working on sequel to Red Dead Revolver
-Owen-