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I think people are within their right to feel skeptical. There are plenty of games, or update that the dev say it's being delayed and work is coming alone fine... and a few months later the publisher came out and goes 'we have made the difficult decision to cancel the project...'
My personal stance is any game that's stuck in dev hell (I consider it to be in dev hell when it's a 3rd delay, everyone else obviously have their own standard) is best to be considered canceled. That way I don't get disappointed if it does, or come out like a mess. And I can only be pleasently surprised if it comes out fine.
This is not what Paradox said. Exact statement:
my guts is telling me its gonna suck or at least be disappointing no matter how much they delayed it.
The TLDR is that the development was too slow and it was draining resources without any profit, so they canned it.
Canceled
Paralives it is!