As most of you know, HL3 is pretty much the most popular "vaporware" game out there. Something always rumored and in development, but never heard again after a certain point.
What I don't understand is why Gabens refusal to expand on the halted development of this game, it would've smashed sales absolutely and be the shining example in the modern gaming scene.
It just doesn't make sense, you'd think a games firm would be smacking it's lip ready for another full plate of gamers wallets.
Is it because the hype train is dangerous? Does Gaben prefer steam sales more?
Valve these days don't make things just to make money. They only make things that interest and excite them. HL3 would most likely just end up being more of the same, which isn't exciting from a designer or developer point of view. They need a hook to get excited about it, and until that happens it's just not worth the time or effort to do. In the meantime, they're making plenty of money from Steam sales.