Max Payne 3 is "still in development" according to a recent posting on Eurogamer after they had an investor call with Take-Two's CEO Strauss Zelnick, but would not say anything else regarding the game which seems to have slipped into the shadows.
Max Payne 3 was originally suppose to see a release date of 2009, but unfortunately has been pushed twice and is not on the release calendar for Take-Two in the 2011-2012 year.
via Eurogamer
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