Half Life 2 may not make 2004 VGpro.com (thanks Voodoo Extreme and Planet Half-Life and Frans) has a quote from Valve's Gabe Newell taken from Polygon magazine reflecting their willingness to delay the release of Half-Life 2 as long as required to create the gameplay experience they are envisioning. He goes so far as to express a willingness to delay the game's release another year and spend another barrelful of money on the game:

"We've already spent millions into this project, and we're willing to spend as much as we need to make this the best first person experience ever. If that means delaying the game to 2005, we'll do it without any hesitation. If it means sinking another $20 million into the project, we can do it. Rest assured, if we delay the game, it'll be only to blow your socks off even more when it finally releases."

Update: Though many have tried to interpret this as a further delay announcement, it has been pointed out that this quote was made in reference to the game's delay in September 2003.