It's official. Today, EA and Bioware announced the name of their new MMO -- Star Wars: The Old Republic. This game is set 3000 years before the reign of Darth Vader and is said to essentially be a Kotor 3-12ish storyline.
http://www.swtor.com has most all of the information.
All I can say is that I am super excited. I can't wait until they announce which races and classes will become available. I may even start up some type of class-specific clan quite early. Depends.
Kotaku has a good bit of info in their live blog.
http://kotaku.com/5066767/lucasarts-massive-reveal-the-liveblog