i doubt is going to beat the GoW 1 experience and specially with the project natal out, another game with lots of hype being one more meh at the end.
and 1 year of development doubt is going to be an epic game, awesome games take longer to develop to get more details on it, and if they are currently working on it, is sucks atm the trailer also sucked.
my 2 cents, the gears of wars 1 was the best, and on pc was awesome. ( with lot of bugs, but once it was sorted out was really cool)