Beyond Good and Evil 2 Confirmed

At Ubidays, which runs today and tomorrow, there was this video shown that confirms that Beyond Good and Evil 2 is in the works. Not much of anything is shown, but it is very realistic looking, which is nice.

I for one am super excited, as I'm sure the gaming community as a whole is, as we've been wanting a sequel ever since we played the first game. It should be pretty friggin' awesome.