VALVE Marketing executive, Doug Lombardi, has announced that there will be no new Half Life episode for this upcoming E3.  Instead, he mentioned that the corporation will be focusing on the new release of Left 4 Dead.

He has promised to make a playable demo available of E3 however.  A moajor dev for VALVE, Gabe Newell, has stated that Left 4 Dead will be a co-op FPS along the lines of Counter-Strike.

keep you eyes peeled for more info on this new game.