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I prefer not to have HL3 rather than a half-baked one, or a very short episode.

They have only one chance of publishing HL3, and I hope put in it the same love and care they put in 1 and 2.

I'd be very disappointed if they just released it just for the sake of releasing it.

They claim they will only release when the game has something innovative to offer.

But then why release Alyx as VR instead of HL3? What innovation did HL2 episodes 1 and 3 offer? Why are Valve releasing virtual card games today?

Half Life as a franchise is great. Gabe was right to start nearly from scratch on HL1 back in the day. But now, they've got everything they want so the hunger is gone.

They could publish Episode 3 and then publish Half-Life 3 afterwards. I never understood why people keep insisting they can release only one game. It's not like they don't have average or mediocre titles in the series anyway (Blue Shift and Episode 1 are examples of this).

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