The Mass Effect 2 Facebook Page reveals a delay for Mass Effect 3, saying BioWare's sci-fi action/RPG sequel is now due in Q1 2012, after being announced for release in Q4 of this year (thanks BeyondUnreal). Word is:

Mass Effect 3 will be released in the first three months of 2012. The development team is laser focused on making sure Mass Effect 3 is the biggest, boldest and best game in the series, ensuring that it exceeds everyone’s expectations.” - Casey Hudson, Executive Producer Mass Effect series