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[TheSlyMoogle]

Don't you get it?

Obviously Episode 3's codename was "Cake: Delicious and Moist"

and portal was valve's way of saying that episode 3 was cancelled.

The cake is a lie.

Then Glados makes reference to the cake being so delicious and moist.

This means that Ep. 3 isn't going to happen. Sorry thought you guys would have figured it out now.