I have just watched the 10th annual Spike VGAs not for interest in what awards were to given out (as the opinions of spike mean little to me) but for the exclusive trailers teased. During the pre-show Geoff of GTTV stated a cryptic puzzle for the fans would be shown in the early part of the show...
Appearances can be deceiving at first glance most will perceive this to be an impressive new IP from an unknown developer (without a cited publisher and given the quality of the game red flags should pop up like a ! above your head) this studio has a website with information about themselves check it out.
Aside from being vague and mysterious there is a major hint in the name Joakim Mogren, an anagram for Kojima with the much teased project OGRE in the middle of the last name. Smooth but transparent as glass.
Obvious references and details through out the trailer reinforce the fact it IS a Metal Gear game include (but not limited to)
1.)The very 1st look at the prosthetic arm shows white flower petals in a sterile medical facility with no explaination (see MGS3 ending)
2.) The mullet and convenient albeit homage-esc bandages covering the right eye and wrapping around like a bandanna.
3.) the aforementioned future of gaming statement and emphasis on 100% gameplay when considering the graphical fidelity and detail quality of the animations shown closely resembling the MGS:GZ trailer.
4.)The lens flair at the window is identical to the lens flairs in the MGS:GZ trailer as well as the character lighting when it shines on them.
5.) the execution of the man in front of the characters while under the bed is just like the scene in MGS4 (a militia man is attempting to surrender and is gunned down anyways while snake is crawling under debris and is helpless to interact)
6.)The man standing in the hallway a midst the flames is wearing a volgin-esc sneaking suit (or a CQC enhancer type suit look at the legs)
7.)Its totally Big Boss at the end. .
8.)The title given is The Phantom Pain with slight distortions at the tops of a few of the letter this again might seem like just another artistic choice but when everybody on the internet started to obsess over it this image was made...
So I leave it to you to judge what to make of this feel free to speculate, debate, and masturbate.
also thanks to kotaku we have this little tidbit