Everybody speculated that it's Volgin, and it's pretty much confirmed now. An official toy of him came out and on top of the announcement accidentally saying it's Volgin.. come on now, it's clearly Volgin.

@krullban: Who dat? Also no spoilers I'm only on mgs2

@sagesebas: Volgin is the main villain of MGS3.

That figure looks awesome.

@corevi: everything about V looks so cool. I'm gunna do my best to catch up by the time it's out

Deadpool, go home, you're drunk. You are not a Metal Gear.

Bullet bandolier, bullets between the fingers.

That's probably Volgin.

Man, people really want Volgin to be in this game.

I originally didn't think much about the flaming guy being him, but the patterns on the pants (of all things) match up. If fire stuff was all a dream, then Snake's probably hallucinating about him as he deals with past traumas.

Unless Volgin is Skull Face. Because again, people really want Volgin in this game.

Wasn't Volgin an electricity man? Now he's a fire...guy?

Volgin was struck by lightning so it's fair to assume he'd look somewhat like that.

Edit: also it's clearly a dream sequence.

If Cipher ends up trying to mess up Big Boss' psyche like that, and keeping in mind where Ground Zeroes' already went with Paz and Chico ... man, I really don't want to know what Kojima has in store for The Boss.
Though I am quite sure Volgin didn't actually survive Snake Eater; the episode depicted in the Moby Dick trailer made it pretty obvious that some sort of mind control a la Psycho Mantis was going on. Flying whales and all.

It seems strange that this surprise would be accidentally spoiled by showing figures at a convention. You would think Konami controls everything and knows what should be revealed and what should not before the game even comes out. This feels like a red herring or misdirection.

"Post traumatic stress disorder? Nah, its just nanomachines."

Huh, he even has the bullets still clenched between his fingers.

So Volgin is a fire wizard now? Makes sense.

Given how much we knew about MGS3 and 4 before their respective releases, I'm gonna guess that Konami is gonna start rolling out a bunch plot info from now on. Major story beats are gonna be plot out by fans by the time the game is released.

Huh. Kinda surprised they'd put out a figure like that so far ahead of the release of the game. Or, at least show it online or whatever.

Volgin, though. Yup.

It's not the real Volgin to be clear though, but an apparition of him made by what seems like a young Psycho Mantis, yes.

@aegon: Well he dies by being hit by lightning and catching on fire.

Kuwabara Kuwabara

Yeah, especially considering it's clearly Volgin and they were trying to be deceptive about it in the trailer.

@corevi: I thought Volgin was the creepy-bondage dude from Soul Calibur.

I have played through MGS 1-4 and I have no clue as to who this motherfucker is.

If he's the big-bad in Phantom Pain I will be very disappointed.

You played through MGS3 and don't remember the main bad guy?

JUST GIMME A RELEASE DATE.

@bribo: He was anything but bland. And ocelot shot big bosses eye out. You don't seem to remember anything from mgs3

That's Voldo.

So, do you think we'll see more hallucinations/reincarnations of the old bosses Snake fought in the past?

And do you think they are actually going to be just hallucinations or do they really exist?

That's a shame, Volgin is a forgettable villain who should be forgotten!