Twisted Metal is a name hardcore gamers likely all recognize but the series has never had the über-success we associate with major, AAA releases. Series creator David Jaffe knows this and doesn't seem to be deluding himself in regards to how the latest iteration of the series is likely to fare when it releases next year.
Speaking with Joystiq, Jaffe has expressed a level of comfort with the idea that Twisted Metal will likely always serve a niche audience:
I would call Jaffe a straight-shooter if he hadn't spent months outright lying to everyone about the existence of the new game. Instead, I'll refer to him as something equally uncommon amongst big-name developers: a realist. In an industry whose bread-and-butter is hype, it's always refreshing to see someone acknowledge where they are in the marketplace isn't necessarily at the top and be accepting of that.