Verno wrote on Dec 2, 2011, 14:10:

Dev wrote on Dec 2, 2011, 14:01:
Various stuff unrelated to HL3

You know what Valve and Gabe like more than fun? Money. Half-Life titles make them a bundle, both directly through game sales and providing value/attachment to Steam. Valve working on other titles or going into other markets (most of which are actually properties they purchased along with the employees) has nothing to do with episode 3/HL3. You've offered a lot of sniped quotes and text but nothing of substance that points to HL3 not showing up.

we’ve been really, really fortunate that we’ve been able to work on things that we truly are interested at working on. We haven’t ever flipped the bit and said “well let’s just make fancier versions of Half-life for the rest of our lives and collect all the money”. We’ve actually done the opposite, sometimes to our fan’s chagrin.

But going off and doing things like Portal and Left 4 Dead, sort of pushing in different directions -- and now DoTA 2 -- rather than just doing the flat obvious thing that you know is going to make money, but maybe isn’t always the most interesting thing.