GTA V?

[Rien]

Assuming that R*'s already working on GTA V - which they probably should be if they plan on a 2012 release, it would make no sense for them to suddenly scrap what they originally had, and start developing for a completely new console.

Then maybe make a port to the PS4/720.

They better make the PS4 backwards compatible.

I guess we can expect an announcement from Sony and MS regarding new consoles sometime next year though.