A potential sequel for Psychonauts could become a reality after earlier today Notch and Mojong studio, developers of Minecraft, offered to help fund a potential sequel if Double Fine agreed.
While they don't have enough money to fund the whole game, they would be offering enough to help jump start the development while Double Fine searches for a larger publisher to help fund the rest.
The biggest issue besides funding is Double Fine can't just start working on the game right away due to the company breaking down into smaller development teams a few years ago as part of the company's restructuring plans. The plans allowed for more smaller games to be made at once with the main focus on XBLA and Kinect type games. It would take some time to reorganize the whole company back into one large team to actually work on the potential sequel.
http://kotaku.com/5882961/minecrafts...ts-2-a-reality
http://kotaku.com/5883179/psychonaut...l-could-happen
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Daily Recap:
1) The next Medal of Honor game will be revealed on March 6 during this year's GDC expo according to a statement sent by EA.
http://www.egmnow.com/articles/news/...vealed-at-gdc/
2) Following in the footsteps of South Park getting an RPG game, Family Guy will also be getting an RPG game which will be browser-based and follow the free-to-play model.
http://www.screwattack.com/news/fami...-rpg-announced
3) According to a few rumors and potential job openings, the third game in the Star Wars Battlefront series might be in development with Sparks Unlimited as the developer for the game.
http://www.egmnow.com/articles/news/...n-development/