We reported yesterday about Matt's comments on the Incite PC footage being pulled. He replied to a post of Ferrex's in our forum and said:
Anyway, this footage I can't just hand out because it's already promised to someone else. I'm sure it'll be easy to get hold of once it's released. At the very least, you know it's on the way. :-)
He has also responded to some questions at the Halo.BOrg forum. Here's an excerpt from that post:
The physics are pretty much done at this point; there will certainly be tweaking done here and there but the bulk of it is ready to go. The bare bones of the story have been etched out for a while but a lot of the intensely detailed bits are still in Jason and Rob's heads. We're still concentrating on building the net game; there are nightly games here at the office. When that's solid, we start serious work on the solo game (certain preparatory work is being done now, but there aren't any complete missions you can play from start to finish).
You might want to read his full post and any replies at both locations. This information is important because it appears that Matt is confirming that Halo is now in the second of three stages of development. (Those being Engine, Multiplayer and Single-Player) Don't hold your breath, though... quality appears to be the number one issue in Bungie's collective consciousness, and we can still expect to wait for awhile. I'm sure it'll be worth it. ;-)