The article says more than I ever could by giving insight on what the video could mean (the video is provided in a link within the link). Also, I though that maybe the brains at Bungie could form a Think Tank and try to solve it. Some theories are:
Fallout 4 (this may have been denied by Bethesda)
Wolfenstein
Doom 4
Edit: [url=https://vine.co/v/bFldAQgTIr6]Another one that was not included in the article.[/url]
Edit 2: [url=http://projectzwei.net/index.html]Could be Project Zwei.[/url] Some of the concept art matches the hints.
Edit 3: [url=https://vine.co/v/bUqveJ2uFeZ]Final video and reveal tomorrow.[/url] It's either going to be Project Zwei or Wolfenstein. I'm thinking Wolfenstein because of the 30's-40's feel and the thing that looks like a wolf.
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It has to be Fallout. The background noise sounds just like a Geiger counter.