Its finally here after 12 long years 2K games has announced a release date for Duke Nukem forever. The game is real, some press has played it and it will go on sale in the US on May 3rd in North America and May 6th internationally. Duke Nukem forever should be released on the PC, Xbox 360, and Playstation 3.
Arstechnica has a nice writeup of the development cycle that led up to Duke Nukem Forever being labeled as the biggest piece vaporware ever. Here (arstechnica)