The 8 years that D1 was in development resulted in a 'rush job' of a game, so I'm happy with 3 years.
Besides, if they've only just talked bout it now, it's probably still a couple of years away. We might not see it until 2018 at the absolute earliest.
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D2 is being released Fall 2017, no later. Age of Triumph wouldn't be released tomorrow if it weren't. Destiny has such a huge community and word of mouth that it doesn't need to spend a year and a half advertising it, that'd just be a waste of money.
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Of course I'm sure they'd love to release it in Fall 2017, but when was the last time that a game came out during the release window predicted [i]before[/i] its official announcment?