I think they are not rushing the game at all. I mean, god damn, they have been working on it and the engine longer than I have been here on the forums. Do I think they need to slow down or anything, no. The bulk of the game is already finished, it is now left up to polishing and stringing it all together and judging from GoW, they probably already have a very finely polished game play experience. The last things they are doing now is probably just adding the finishing touches on the levels and compressing some textures as well as probably busting out some other features for the game that it would be nice for it to come with.
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Oh well. Bioshock/Crysis/Lost Planet, here I come. UT3, here...I've been for quite some time, apparently.
Scalability also means it should go up and up and up on better hardware.