In my view, a new Sega Rally for this generation would be a complete waste of time. Then again, a home version of OutRun 2 is probably a waste of time as well...won't stop me from getting it.
A new Sega Rally is inevitable. It's just a question of when it will happen. I don't see them skipping an arcade release, when the first two games made so much money for them. I reckon Sega Rally 3 will be the debut game for Naomi 3, as VF5 is probably at least another year away. The 2005 moniker might indicate they're gonna turn this into a yearly series like WRC has been and Colin McRae appears to be now, but I doubt that. Moreover, I'd be interested in seeing if it'll have fully WRC licensed cars. Sony's deal was for five years, but I'm not sure if it runs out at the beginning or the end of 2005. Either way, I'd much rather see the proper WRC paint jobs then the generic ones that non-WRC games have had the last few years.