Although Midway previously predicted Unreal Tournament 3 would be released in 2008, Epic's Mark Rein says a 2007 release for the game may happen.
Rein told Eurogamer yesterday that Epic are "very close to a release candidate" and they "should have it finished by the end of this week." After that, it heads off to manufacture and distribution. That means you could get the fast-paced shooter by Christmas...if you live in North America.
The European version, apparently, won't be coming out until 2008, because it takes so long to translate the games into various not-English languages.
Eurogamer.net: GC: Epic Games' Mark Rein