Remember the first trailer for Mass Effect 3? The one that teased us with a "Holiday 2011" release date? Consider it invalidated, as the game's executive producer scootches its release into early 2012.
When a trailer comes out more than a year in advance of a game's release, you can generally assume that the date listed at the end of it isn't going to be the same date on which you pick up the game at your local store. So you really shouldn't be too surprised that BioWare is rolling back the holiday 2011 release date for Mass Effect 3. You're free to feel a little disappointed, however.
The date slide came by way of a Message posted on the official Mass Effect 2 Facebook page.
Mass Effect 3 will be released in the first three months of 2012. The development team is laser focused on making sure Mass Effect 3 is the biggest, boldest and best game in the series, ensuring that it exceeds everyone's expectations." - Casey Hudson, Executive Producer Mass Effect series.
That seems like a logical reason to move the date. I'd rather they spend a few extra months releasing a stellar title than slip it out early and start working on patches.
Official Mass Effect 2 Facebook Page [Facebook - Thanks, Oliver!]