Konami's going to have one helluva of an overdue fee on the Book of Memories. It looks like the game is delayed yet again. In a statement to RipTen, Konami confirmed the sad (?) news, saying:
Given how Konami has handled the Silent Hill franchise as of late, this may come as neither a shock nor a disappointment. Could they be polishing it up to avoid the disaster that is the Silent Hill HD Collection? Whatever the case, the "new" date (likely a placeholder as it is on a Thursday) is listed as May 31, 2012.