Good news, everybody! You're going to have a little more free time at the end of this year - Grand Theft Auto IV has been delayed until 2008:

In a conference call, Take-Two's strauss Zelnick spoke of the challenge involved with working on two relatively new platforms simultaneously, stating that the "delay was essential to ensure the quality of GTA IV."

"We owe it to our millions of fans, to our dedicated development team, and to our shareholders to make sure that Grand Theft Auto IV is a groundbreaking gaming experience and is an experience that takes maximum advantage of next-generation technology."

Translation? The PS3 is hard to develop for. Don't fret - there's only about a dozen other triple-A titles to keep you busy this Fall. And this way by the time GTA hits you might actually have time to play it.