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GTA 5 Possibly in March 2013
Uros "Vader" Pavlovic
05:04 am EDT @ August 01st, 2012

It was noted as part of Take-Two's release schedule that the highly anticipated title Grand Theft Auto V probably won't be launched in the current fiscal year, the company recently said. Take-Two addressed investors via a fiscal year statement, as company rep commented "is in full development and making substantial progress".
At this point though, there were no release dates mentioned for Rockstar's GTA V. They did, however, talk about Max Payne 3 DLC, Borderlands 2 and Bioshock Infinite.
This most likely means that they won't be launching the game before March 2013 (Ah crap!).
"We just haven't talked about a release date," said Take-Two CEO Strauss Zelnick. He continues: "We're blessed to be working with Rockstar."
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If it's anything like the last one (which it will be. both built on the RAGE engine) then there's no need to show gameplay.
The only thing gameplay will inform us of, is perhaps ways they might have innovated on that already rock-solid gameplay, or added new shit.
New shit is why I would like gameplay trailers in this case, not to concernedly examine the gameplay to tell how much it would suck on a scale of 1 to Skyrim.
GTA IV definitely felt like a step backward and the only thing that saved it was the physics and explosions. Without those, it would have been a dull version of GTA III.
I'm a minority, I know.
(I'd love bicycles aswell though)
give the player a choice in gameplay, finish the game slow and "pacifistic" or be a bulldozer with wheels made of razor blades.