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The latest issue of Game Informer features a cover story on Max Payne 3, and as is so often the case in this age of new media, a few details about the new game have trickled to the web. As Shacknews reports, Max Payne 3 will be set 12 years after Max Payne 2, and it takes place in Sao Paulo, Brazil.

As the cover image for Game Informer reveals, Max has let himself go a little bit since last we saw him, now sporting a bald head and a scruffy beard. Evidently Max moved to Sao Paulo to escape "the demons from New York," where he now works in private security for a wealthy family. He's also addicted to painkillers, which ties into the gameplay in some unspecified way.

Like any respectable shooter today, Max Payne 3 will also feature a cover system, although it's "not the focus of the game." Rockstar's Rob Nelson explains it'll still play very similarly to the past Max Payne titles, as they took "the elements of traditional Max and expanded it out so the game becomes gun ballet, or gun-fu, or whatever you want to call it."

A few other details: The game will use Rockstar's RAGE engine (seen in Grand Theft Auto 4), it'll have highly destructible environments, and it'll feature online multiplayer, although details for it weren't revealed.

Max Payne 3 is set for release on the PC, Xbox 360, and PlayStation 3 in winter of 2009.