:O :O :O
Awesome!
I'm in the same boat as Douglas. I heard about the prequel quite some time a go, but the sequel is new news. And man, I'm delighted.
'Bout time. I hope it doesn't stray too far from II. Plus, the full ending of II basically says, "Hey, there's going to be a sequel."
While the ship in the ending of II looks pretty sweet, personally I hoped for a double decker.
EDIT: Here's a link for the sequel. Boy oh boy, some of those lines are promising. The sequel "will include a host of familiar aliens, ships, and characters, as well as new alien races to discover, befriend, and even annihilate." :D
EDIT EDIT: Just watched the new video for the prequel. Looks very promising.