It was a fantastic show, but we didn't get a glimpse of Bully.
The hopes kinda fading now, i dont know whats going to happen. The only thing i can think of is that Bully would have been overlooked as it is not a next-gen game and this years E3 was about incredible graphics and innovative controllers! So maybe R* held it back for now.
The thing is, this game will be out before November because thats when the PS3 is released and as far as we know Bully is a current-gen game and releasing a big game on the PS2 after the new console is released is surely pointless? But still, Bully has been announced on the Xbox when the 360 has been out for 6 months now. I don't own a 360 but if i did i wouldn't want to go back to my Xbox as the 360 doesn't play Xbox games (so i am told?)
Who knows, with no official release-date maybe things have changed and R* could be planning a release on the next-gen consoles instead.
But that would mean Bully wont be out this year.