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Developed by the renowned Monolith Productions, creators of the original Condemned game, Condemned 2: Bloodshot is slated to ship in early 2008 for the Xbox 360™ videogame and entertainment from Microsoft and PLAYSTATION®3 computer entertainment system.
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Players will assume the identity of Ethan Thomas, former Serial Crimes Unit investigator, who has been called back to duty to track down his missing partner. The disturbing events from Ethan’s past have left him a broken man – a desperate burnout drifting aimlessly through society in an inexplicable decline. Fighting inner demons throughout his one-man investigation into a sinister conspiracy, Ethan will need to use anything and everything in the environment to survive as he unravels the mysteries shrouding the city in darkness.
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As Ethan, players will engage in visceral combat using a variety of firearms, blunt instruments and an all-new fighting system complete with defensive and offensive combo chains, as well as grapples and holds. To help track the killer and solve the mysteries behind Condemned 2: Bloodshot, players will crack open an all-new set of high-tech forensic tools. Using wits and brute strength, murders can be solved a number of different ways to keep players guessing throughout each suspenseful investigation.
http://www.sega.com/corporate/corporate.php?item=pr_20070510e
Seems like Sega paid attention and gave in to the cries for a sequel...