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This is an e-mail PHL have received regarding the recent release date rumours.
We'll release Condition Zero when it's done and we'll release Half-Life 2 when it's done.
Anyhow, how would we actually deal with Condition Zero slipping dramatically? We certainly wouldn't delay HL-2. What happens if CZ slipped again? Then you'd have nothing to sell, for no good reason. All the MOD teams would be sitting around with no new engine to work on. And on and on ... If CZ were really going to slip, we'd be far more likely to postpone it until well after HL-2, and port it to Source.
I'm pointing this out not because we have this problem but so people can have enough insight into how these kind of decisions would get made so they can filter them themselves.
So, CZ isn't slipping, and even if it did, it would have no impact on the HL-2 schedule.