If you haven't seen the breaking news..
they have halted development to redo major
" We've come to a point where we need to make some large design and technology changes to the game."
I expect the new mmo was going to be a cross integration of PC, Mac, and internet game consoles. With the announcement of PS4 and Xbox One, I expect the target platforms got changed.
What should be good news of this is that... "We're using this opportunity to shift some of our resources to assist with other projects while the core team adapts our technology and tools to accommodate these new changes. "
Maybe the next patch will have better development and internal testing.
Blizzards next Gen MMO delayed team members reassigned
- bringoutyourdead
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Always thought it'd get delayed - there's absolutely zero point in them competing with themselves, and unless they made either "Titan" or WoW free-to-play, then that's exactly what they'd be doing; most of us aren't rich enough to pay for two MMOs (and not really have time to play both fully), so would pick one or the other, not both. Methinks they began developing the new one before they realised how long WoW would last... 
