is "P.T" -really- dead?

Lately I've been reading up on Hideo Kojima, Konami, and the "P.T" teaser that unveiled "Silent Hills". I was a huge fan of "P.T" and played it a bunch of times. I didn't achieve the ending, though, but not in lack of trying. After reading some "guides", I felt the outcome was kind of random... Anyway, the game was fresh, and the P.T-demo became the game I always wanted Silent Hill: The Room to become - a game with very limited space, but "endless", abstract, truely horrific possibilities.

I was devestated to read that the game was cancelled, and I still can't believe, to this day, some months after the cancellation, that they have actually canned the game...?! I've been scouting online and find some information about the Kojima-situation. Some sites say a Kojima-Konami power-struggle was the case of the falling out (Konami), while the Konami website stated that it was a difference in interest that caused the seperation.

I really want the game to BE! The game reached such an amazing amount of followers and accolades from E3. The trailer (not the P.T.) looks absolutelly horrifying and amazing! Konami would probably make so much money from this game, I can't believe they cancelled it!

Now, my questions. I've read online that Kojima and Del Toro still would like to/are working on a project, and it would definitely be in the genre of horror, but they have excluded Silent Hills.

Also, a "spiritual possessor" is in the making called "Allison Road". This keeps the P.T. -game alive, but I still yearn for Silent Hills.

Please tell me your thoughts about Kojima-Konami feud, and the cancellation of Silent Hills. What will Kojima do now? Does "Kojima Productions" still exist?

How do you feel about the cancellation of Silent Hills?

@_Judas_: Based on what I have been reading lately about the corruption in Konami (especially the working environment part), it seems that the cancellation isn't really due to the feud between the two parties, but rather a result of Konami shifting its operation away from gaming. Does it suck? Yes.

Let's just hope Kojima starts a spiritual successor of Silent Hills when he leaves Konami.

~ Deut

I would have thought that some sort of game will be released by Kojima and Del Toro, and hopefully it'll be the ''PT'' game, but obviously a completely new IP.

It would be criminal if they didn't. PT was ground breaking.

Kojima productions has already been disbanded, it is unclear what kojima will do now, but maybe kojima could revive a similar project if he decides to continue games somewhere else

Yes P.T is dead. No Silent Hill game will come from the P.T tech demo. Which is unfortunate

Could be a new IP though from the collaboration between those two.

Kojima and del toro have expressed an interest in working on something together in the future (this will be awesome) Konami have said they will continue to do something with the silent hill series (this will likely suck).

My thought are, I don't care. The games will either come out or they won't. If they don't, I'll play something else.

I should imagine that due to the architecture of the machine it was coded for that a PC friendly version of a torrent will do the rounds eventually.