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July 9th, 2008, 07:46
No, I don't think D3 will be released until at least a year from now. However, I also suspect it won't be much longer than that, based on nothing but gut feelings.
Part of me thinks you're probably right, but that game play video makes the game look pretty far along, plus they say they've been working on it since 2004. I'm not ready to say this game won't be released sooner rather than later. We'll see. A quote I found, for what it's worth….

"How long has Diablo III been in development, and when was the project first conceived?"

Leonard Boyarsky: "I don’t know this information firsthand, but yesterday I was in a press conference with Mike Morhaime, and he said it really got going in 2004. [Before,] it had been kicked around. I’ve only been with Blizzard for two and a half years – so that’s how long it’s been going for me. It’s been around a while."

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