http://kotaku.com/bioshock-studio-ir...ium=Socialflow
Here's a quote from Ken Levine, owner of Irrational Games
Sad to see this happening when they created such a gem that's Bioshock - and that's coming from me who hates First Person Shooters."While I'm deeply proud of what we've accomplished together, my passion has turned to making a different kind of game than we've done before," Levine wrote. "To meet the challenge ahead, I need to refocus my energy on a smaller team with a flatter structure and a more direct relationship with gamers. In many ways, it will be a return to how we started: a small team making games for the core gaming audience.
At least they're re-focusing on what made Bioshock so good, the story.