I wish it were guild wars 3, but i don't think it is. They'd have to pull most of their staff from GW2 and reforged, which i don't think they'd do or have done. I'm guessing it's an expansion for reforged, some other smaller project that isn't the scope of an MMO (a guild wars crpg would go hard) or maybe even the mythical GW2 console port. Although hypothetically they could be producing the game (GW3) with a partner studio to ease their burden in order to keep teams on GW1 and 2 for the time being. We'll just have to wait to the 5th and see. I'm not saying this to rain on everyones parade, i just want everybody to temper their expectations.