Xbox Gaming in South Africa

About half an hour ago, Peter Molyneux confirmed what everyone pretty much already knew - Fable III is in development.

"You'll see new marvels of the industrial age, devices that the people of Albion are amazed by," art lead John McCormack. tells Eurogamer, in an interview that was obviously done before and under embargo until now, tsk tsk. "Half of Bowerstone will be turned into this mass of pistons and steam and clockwork - everything's moving."

It's currently scheduled for a 2010 release, but according to Peter, "Don't expect it too early in 2010". So there.

[UPDATE] Added the first teaser trailer below. Check it out: