http://ps3.ign.com/articles/895/895592p1.html Ran into this article today, I loved the original red faction. Have not played any of the ones after the original though. Hope they let you blow up -everything-.
I read that the 3rd Red Faction isn't FPS, but rather RTS. In that case it's nothing new or interesting. [EDIT] Just watched some videos and it doesn't look anything RTS (don't know where I read that). Looks pretty good actually, and has me excited now