Yes, and the TF2 devs didn't like the direction the game was going and thought it would work better under the new Source engine. I tend to agree with their descision since IMO the new art style fits TF very well.
It would've been nice if 6-7 years ago they said that they were going to postpone production of TF2. Course I don't think they could say the reason back then cause Source was still a secret.
I am confident we will see Episode2/TF2/Portal within a year's time (hopefully around september/october though).
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