SoldierOfChr1st:Bungie's final project. The question is will they screw it up, like Halo 2 or make it even better than Halo 3?
...Umm Halo: Recon is an add-on to Halo 3. It is a new campaign as an ODST in Halo 2-3 timeline. It will not be a new game.
Only part of the Bungie staff are working on it. There is also a new Halo game currently being made by Bungie. Once the add-on for Halo 3 is finished then the people working on it will help the others in finishing the new project. It is currently code named Halo Blue.
In answer to other statements...
Bungie's final project - No, there will be more Halo from them.
Will they screw it up like Halo 2 - Hey, don't dis a great game! I don't care if it's your opinion. It does not deserve to be called a screw up.
Make it even better than Halo 3? - It will not have multiplayer, but the campaign could be a lot better than Halo 3's campaign by far.