The latest interview on Dengeki PlayStation magazine in Japan had a interview with Fumito Ueda.
You can hate it but it lives and I love that fact.
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"The Last Guardian, by which I mean all the hardships and the unforeseen amount of time required than what was originally thought."
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"Talks with Sony Computer Entertainment on The Last Guardian have been ironed out, and we're making progress under completely new conditions. I'm also working on some other things that I'll hopefully be able to show in time if progress is smooth."
You can hate it but it lives and I love that fact.