"[...] Hiatus. I know what that means. Time for plan B."
The Last Guardian was already on the edge of the knife when Ueda went rogue, but whatever hope it had left is sure gone now, with Sony using the magic words that mean we'll probably never see it again. If I was a betting man, I'd put money on Team Ico falling back to a pocket-sized Vita project, before fading into legend forever.