Work on the game stopped in November, another big project being developed at studio.
The Wii U will retail at no less than $300 when it launches later this year, sources closely involved in manufacturing Nintendo products have revealed.
The PlayStation 4 will utilise graphics and processing chips based on AMD's A8-3850 APU and Radeon HD 7670 GPU, sources have revealed.
Nintendo's Wii U will launch in North America on Sunday, November 18 and in Japan a week later, according to information from a Japanese retailer.
It's believed that most developers will be filled in on PS3 "by the end of this year," with some invited to reveal events taking place in the US in May and June.
A report that it is possible to obtain credit card details from a wiped Xbox 360 hard drive is unlikely to be true, Microsoft has said.
Multiple sources have confirmed that the new console will include two GPUs, described as being "like two PCs taped together".
Sony's successor to the PlayStation 3 will launch during the 2013 holiday season, be called Orbis and feature an AMD CPU together with an AMD Southern Islands GPU - the 7000 series.
The rumoured Bethesda MMO, Elder Scrolls Online, will be revealed in just a few months time according to an industry source.
Xbox LIVE Arcade games released June 1 onwards must feature a base Gamerscore of 400 with a maximum of 30 Achievements, up from 200 points and 20 Achievements.
Grand Theft Auto: Vice City Nights is a new game coming to PS Vita, according to a supposed listing on Play.com which has since been removed - or perhaps never existed.
Sony will drop its Cell processor technology in favour of using an AMD part in its PlayStation 4, industry sources have claimed.
More Xbox 720 rumours emerge, this time focusing on Blu-ray and anti-used-game technology.
The next Xbox and the PlayStation 4 will both be shown at E3 2012, reports UK trade publication MCV.
The successor to the Xbox 360 will be released in 2013, a source on Microsoft's Xbox Team has revealed.