The game's development is "not as fast" as Sony would have hoped for but they're "still making progress," and the studio is "under big pressure."
"The Last Guardian team has been making progress," said Shuhei Yoshida. Team ICO created the iconic ICO and Shadow of the Colossus videogames, which are both set to get a HD release later this year for the PlayStation 3.
"It’s been very difficult in terms of seeing the progress: not as fast as we’d been hoping for, and the team has been under big pressure. But we’re still making progress, so I’d like to continue to support and keep waiting for great news sometime in the future."
Are you looking forward to The Last Guardian? Currently it's heading for 2012.