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Well everyone can believe what they want(unless you think you diss halo 1 and halo 2)but there will most likely be a halo 3 because bungie wouldnt drop the halo project without a finale since we all know the covenant are falling apart like the humans after losing earth so anything can happen and bungie wouldnt say" goodbye" to a great selling game and leave the "who discovers the arc" hanging off a cliff with just your imagination to keep it from falling and vanishing.Its not like bungie to do that.so make up your own mindwhether halo is over or if there will be one final game.
Frankie said in this one article that they will not make it.