damn I really wanted to play it this year,
At the recent Electronic Arts Summer Showcase Gabe Newell, CEO of Valve, announced that we will be seeing PS3 and Xbox 360 versions of Half-Life 2: Episode Two ship later this year, alongside the PC version. It looks like this may have been a case of Valve being overly eager, like they have been in the past. So if you were looking forward to pretending to be a mute with a gun come Christmas time you'll have to do it in the real world.
In an interview with Eurogamer Valve Director of Marketing, Doug Lombardi has very clearly stated that we will not be seeing Episode 2 in 2006. "It's just sort of classic Valve being overly aggressive on our dates," Lombardi said, "but we're aiming for Q1 [2007] right now, and we're really far along in the play test stage."
Lombardi also reconfirmed that both console versions of Half-Life: Episode Two will contain the original Half-Life 2, the Episode One expansion, Team Fortress 2, and the brain hurting Portal. According to him there will also be a PC version of this pack.
He revealed that Valve will also be releasing a version of the Episode 2 for those that already have the original and Episode 1. This will contain the new episode, Portal, and Team Fortress 2. Lombardi went on to say that this version will probably be somewhere in between Episode One [pricing] and full price."