Posted on almost every site between from 1-4 days ago-
Diablo III's game director, Jay Wilson, disclosed today that the studio hasn't decided what will happen with the possible console version of the loot-centric action role-playing game. Blizzard has intentionally never announced Diablo III for consoles because, as Wilson stated, "we're not sure yet whether we think it will work, and whether we think we have the resources to do it." Wilson says at this point they're just hiring people, and that, "the better people we hire, the better chance we have to actually make it."
I specifically got this off of IGN but have seen similar quotes on other sites. Whether they do or not doesn't change anything for me.