This comes from a interview with Shane Kim over at GameSpy, the interesting bit?
" GameSpy: So there’s another project in the works for Bungie to begin once Halo 3 is over?
Shane Kim: Oh yeah. Bungie has their plans well mapped out. You have to, when you have a studio like that, and you need to know what you’re moving your people on to. So they have the collaboration with Peter Jackson on the animated series. "
So there you have it, I for one knew nothing about this, will it suck? Will it succeed?Do we even care?
1) Yes, that's in-engine (in-engine means it's done with game assets in our rendering engine, but isn't done real-time. If it was done in real-time, that'd be gameplay footage. This isn't something, for example, that was sent to some house [e.g. Blue Studios] so they could build assets and render it out, and create something for us to release [e.g. Dawn of War 40K intro cinematic]).
2) Yes, that's The Ink Spots singing "I Don't Want to Set the World On Fire"
3) Yes, that's Ron Perlman [voiceover man extraordinaire of Fallout 1 and 2].