About 2-3 weeks ago I got two different magazines both with HUGE articles on KOTOR II.
EGM & CGM June Issues.
And I gotta say, the articles kick ass!
Its being produced by previous members of Black Isle Studios (Imho best PC rpg producer ever.) and wont change the graphical engine only modify. As they said, why change what was a good thing.
Takes place after KOTOR 1, you are this exiled Jedi that is now the only remaining one left b/c all the rest are considered to be dead.
They said they made the game corporate not around a specific ending to KOTOR1, but Darth Reven will be in the story somehow.
The wonderful Meatbag hating droid will be in it too.