Only an official confirmation about ICO's PS3 game will be enough to topple this as news of the week for me. Level 5's first foray into RPG's could be about to receive it's third installment according to PSMania in Italy. I'll label this as a rumour for now, but given that the second game of the series was brilliant, I really hope that this is true and we see some early shots of the game. This is one game that will seriously sell the PS3 for me.
Update: Seems this is not new news. The magazine dates back to 2006. Nothing to see here then. Darn :-(
Update source: onAXIS (still reporting wrong but with additional cover)