According to Crytek co-founder Anvi Yerli, "The barriers for entry will be very low, and perhaps [it will be distributed] for free." Details and a release date for this CryEngine 3 Lite SDK have yet to be announced. It seems resonable to speculate that such a release could be similar to what Epic Games did when it released its UDK tools in 2009.
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Sean Tracy also mentions this at the end of an interview recorded at GDC 11.
It is turning out to be an interesting year for indie developers.
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