Follow the pending release of Manhunt 2, Take Two received a lot of flak for the amounts of violence in the game. It resulted in the game receiving an "Adults Only" rating to begin with, and then quickly spread into much more. Early banning began, with the U.K. prohibiting it from being released within their borders. Sony and Nintendo also both spoke up, both deciding that they would not allow this title to be released for their respective consoles.

This was a bit disheartening to Take Two, who had already been developing it for multiple platforms. The game was supposed to launch the second week of July. Due to all these issues, however, Take Two has decided to suspend sales of the game. They seem reluctant to do this, and continue to back the title fully:

"We continue to stand behind this extraordinary game. We believe in freedom of creative expression, as well as responsible marketing, both of which are essential to our business of making great entertainment," Take-Two said in a statement.
What their intentions are aren't made clear, though they have several options in front of them. A PC-only game would probably hurt sales, something Take Two does not want with their current financial troubles. On the other hand, sacrificing too much content for the sake of ratings might rub their potential players the wrong way.

I hope to hear more about this soon. They have not yet posted a press release to their site concerning the delay or what their decision will be.