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This is ValveTime.net, so you can expect to see a few news stories about game delays. But because this is Valve we're talking about, delays are only beneficial to us fans (except in Half-Life 3's case).
Speaking with Kotaku, Doug Lombardi said that Counter-Strike: Global Offensive is going to miss it's early 2012 release date, and will be shooting for this Summer.
Visit www.counter-strike.net for official information and updates about the game.