Valve is beloved for its dedication to quality, plethora of memorable franchises, and their proper treatment of customers. At the same time, they often draw ire for their habit of continually delaying projects; it's called "Valve Time" for a reason. One of the most anticipated titles never actually announced has been Half Life 3. The last title in the franchise came out in 2007, and fans are eager to take up their crowbars once more as Gordon Freeman. Well, there's no news about that, so you'll have to keep waiting. But according to rumors, they have been cooking up a brand new IP in the mean time. Gaming Bolt Here is a video of some of the supposed concept art set to funky music: Warning: Spoilers inside! Before we go any further, it's worth noting: this is only a rumor. Nothing has been confirmed yet, and knowing Valve, we might not get any official word on the project for some time. They just love to tease. On the one hand, the concept is certainly cool enough. I mean, a Privateer-like game from Valve? You better believe that sounds great. On the other hand, though, this does mean that we'll probably have to wait even longer for any long awaited projects presumably featuring the number 3. So, what do you think? Does rumor of this new Valve game get you steamed up, or is this nothing but a pipe dream?