Jade Empire 2 in Development for Xbox 360

That's right! A sequel for BioWare’s action/RPG - Jade Empire 2 - is in development as we speak according to this article on Mercury News. Here’s what Mercury’s Dean Takahashi dug up:

…I talked with someone who saw code for Jade Empire 2. It’s coming for the Xbox 360, and it’s real. It’s not much as far as scoops go, but I’m on vacation. What do you expect? Happy New Year.

There’s no word of it going multiplatform though, so for all we know it might be an Xbox 360 exclusive:
It will be interesting to see if Jade Empire 2 will remain an exclusive for the Xbox 360, now that Electronic Arts has agreed to acquire BioWare/Pandemic.