1. Duke Nukem Forever - We've got a new winner this year!
Just kidding. 3D Realms' Duke Nukem Forever, originally demoed in 1997, has spent nearly a decade in development. Rumor has it the fourth installment in the first-person shooter series has undergone multiple redesigns in this nine-plus years. There are even rumors the game will be ported to the Xbox 360 or souped up for Windows Vista Ultimate users. But really, after all this time, can you believe any of that?

Meanwhile, the grinning visage of Duke Nukem has practically become the official mascot of the Vaporware Awards. Sir Duke topped the Vaporware list in 2001 and 2002 after placing second in 2000. In 2003, we gave it the Lifetime Achievement Award in hopes we'd be able to stop writing about it.