As well as that Scott confirms the status of the game's continuity within the series.
Quote:
NS: So, this is a prequel of sorts, right?
SL: Well, "prequel" implies that this story somehow leads up to the story presented in earlier games, but it doesn't - this story completely replaces any story that has come before. It's kind of like what Frank Miller's Dark Knight was for Batman.
I'd say this game is certainly a set-up for future titles that will come later. Unlike the early Spyro games (which are near and dear to my heart), there will be continuity and multi-title story arcs from game to game.
And yet again, all thanks go to GnastyRatchet for finding the interview.