Its coming out early next year. I played the online demo this weekend. Downloaded it on ps3. Not very happy with the handling of the cars. You cant accelerate out of a turn for some reason. In fact as long as you are turning you cant accelerate so that was kind of odd, but its only a demo so I didnt expact much. The graphics are insane. They did a good job on the maps. Going back to the GT4 and you can realize the difference.
What's wrong with your 360?