If it's crap ... We'll tell you
That was unexpected. Just a couple of hours ago Hideo Kojima himself confirmed at GDC that The Phantom Pain was in fact Metal Gear Solid V. The trailer has combined footage from The Phantom Pain and Ground Zeroes trailers that were both shown last year as well as some new footage. I have never played a Metal Gear game but the story fascinates me. To the best of my knowledge I thought that Kojima had said that Solid Snake's story was done. So it was a little confusing to see someone looking like him in the trailer. Maybe that was Naked Snake and I'm getting the two confused. Somebody please explain stuff to me in the comments below as I am eager to know.
Metal Gear Solid V: The Phantom Pain has no confirmed release date and will be available for PS3 & 360.