There is no details as to whether there will be a Sly 5 game yet.
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In Sly 3, he doesn't really lose his memory, he fakes it and gets married to Carmelita, that's why he winked at the end of the game. Luckily, their making a new Sly but unfortunately, its not going to be about sly, my guess is that its going to be Sly's and Carmelita's children.
Well, there making a Sly Cooper 4, I don't see why they wouldn't make a Sly Cooper 5
there is 4 games of the sly cooper franchise.3 of them are ps2,and sly cooper 4 is going to be for the ps3,coming out in 2012,this awnswer was made in november 2011.but after sly cooper 4 there MAYBE will be more.
because sucker Punch is working on another video game now after there done then they will think about working on sly cooper series
Nope, only for Ps2 and Ps3. ~Bolt