We learn that the game will be in 1080p, with no loading ( the game will load during the cut-scene ) and with a perfect framerate. Even in this early version there is no framerate issue. GoW III's engine is an evolution of the GoW II's one.
No sixaxis use, no co-op, no multiplayer, no Pegasus.
Insomniac and Naughty Dog are helping Santa Monica.
60% of the first GOW's staff is still there.
"Perfect framerate" doesn't necessarily mean "60fps". It's not said wether it's 30fps or 60fps.