My friend at gamestop said this was close to the date they gave them last month. Release dates until formally announced are placeholders.
Personally, I think that's too soon. Some things need to be ironed out. We still haven't seen a beta with tuned graphics and there are a host of other issues (server side lag, input lag, etc) that need to be looked at. Hell, we have only seen one beta build for those that prepurchased.