BREAKING: Duke Nukem lives Forever – Updated with video

For almost 12 years the incredible Duke Nukem has been living in the land of vaporware as every year there were rumors of Duke Nukem Forever coming but every time the faithful were let down.

Well no more.

It was just announced at the big PAX 2010 convention by the folks at 2K Games and Gearbox Software, the company behind the great Borderlands game, that Duke Nukem Forever was alive and well with the developers at Gearbox Software.

I am just watching the live stream of the announcement on Ustream but I will update as more information becomes available.

UPDATE: audience is being encouraged to use their cellphones and take screenshots and video

UPDATE 2: we did not get to see the intro but the live stream is showing people playing the game so expect the web to be flooded soon with reports on the game.

UPDATE 3: and we have the first of the YouTube videos showing up.