Are these pictures of ICO 2?
 

http://www.gameforms.com/games/ps2/i...media1/art.gif

http://www.gameforms.com/games/ps2/i...edia1/art2.gif

More details at Gameforms:
http://www.gameforms.com/news/?229
http://www.gameforms.com/news/?233

They're reporting they are.

I'm crossing my fingers.

sweet, ICO was a great game. I just hope the next one takes longer than 4 hours to beat. I still can't beleive I beat it in only 2 days :(

I agree I got it done in like 3/4 days :( but it was so wonderful to play it was well worth it.

Those pics look sweet! Notice the 16x9 aspect ratio. Gamespot was reporting that the team that created Ico was working on another project, but they didn't know what it was. This could be that other project. That definitely looks like their style though.

I hope it is although I thought i heard they were not doing an ICO2 due to the poor sales of the first one.

If it has longer play time this should be sweet :D

I'd heard the same thing gcribbs. I believe it was in EGM.

I heard the same thing too, REZ was supposed to suffer teh same fate, think I heard both at the same place.

The guys that made REZ said it wasn't true and they're working on a sequal.

Maybe the same is true about ICO.
ICO sold alot more than Rez did anyways.

AFAIK Ico 2 was cancelled due to slow/non existent sales (around 70,000 US). I heard it from a couple of sources. I think I even saw it on the internet, so it must be true. :)

Seriously though, it is too bad, because as stated above by many, it is a great game. I paid $50 for it and it was worth every penny. It can now be had at EB for 14.99 new, so if you haven't picked it up yet, its worth having just to show off the system, even if you hate the game.