Gears 3 for "the next console generation" [Update]

Gears of War 3 will be out next year! No it won't. Epic boss Mike Capps told EG at TGS yesterday that we're not going to see another round of Markus and friends for a good while yet.

"If there were a next Gears of War, that will be for the next console generation, whenever that is. If someone knows, please tell me! That's about four or five years away, I think."

That, Mike, is like a hammer blow to the heart.

Capps said the developer has been working on Unreal Engine 4 for the last seven year, and gave some detail about how team sizes are always kept under control at the studio.

Whatever. We're now in mourning.

Update: Looks as though Capps got a little muddled on this. EG just updated its piece:

Epic Games president Michael Capps claims he misspoke during a Q&A session at the Tokyo Game Show today when he said, "If there were a next Gears of War, that will be for the next console generation, whenever that is."

Speaking to Eurogamer after the event, Capps explained that if the next Gears of War - assuming there is one - were to be released in the next "four to five years", it would be for current consoles.

Were it to be based on Unreal Engine 4, however, it would have to come out on the next round of consoles, because those are the machines for which Epic is targeting its next generation of money-spinning engine technology.