Just after Sony announced that God of War III would indeed be hitting shelves sometime during 2009, French gaming magazine PSM3 gives us the latest on the project.  Here are the details, courtesy translations posted on GameTrailers and PS3Forums.

The game will run at 1080P natively at the 'perfect' frame rate(not sure if that's 60 FPS or not).  There will also be no obvious loading times, similar to Uncharted or Devil May Cry 4.

There will be no sixaxis use.  Santa Monica couldn't figure out a way to integrate it without it being gimmicky, so they dropped it's use in it's entirety.

Despite not having David Jaffey or Corey Balrog(the directors of the previous 2 games), the staff still retains 60% of the people that worked on the past games.  They've also enlisted Naughty Dog(Uncharted: Drakes Fortune) and Insomniac(Resistance, Ratchet) for help developing the game.

There will be no co-op or online gaming modes.  The past God of War games were all single player, and the third title will continue in that tradition.

Santa Monica is working on striking a balance between pushing new boundaries while being faithful to the original titles.  For example, they don't want to include so many weapons that they lose a sense of individuality.

The sex mini-games are back!  The PS3 allows for Kratos' individual muscles to bulge, and sweat can be seen on his body, so Santa Monica figured why not apply the same to the girls in the series' popular sex mini-games.