Via Kotaku:

You may have noticed, we're a little excited about Brütal Legend. So excited, in fact, I was trawling Double-Fine's site today for scraps, and came across this. On the site's "Projects" page, two games are listed. One is Brutal Legend. The other is...oh, just some kind of Psychonauts project. An announcement on which is COMING SOON. What could it be?

A Psychonauts sequel, perhaps? Oh, don't go getting ahead of yourself, that road leads to naught but heartache and despair. Our money's on a Wii port of the original, based off these comments by Tim Schafer on the company's FAQ:

Why didn't you make Psychonauts for the GameCube? Do you hate Nintendo? And if that's true, what's your address, because I'm coming over to kill you right now. I'm going to show you my Pokemans, and it will be the last thing you ever see.

Settle down, fanboy. No one loves Nintendo more than me (well, maybe this guy). Most of my all time favorite games are Nintendo games. I have touched Shigeru Miyamoto with my bare hands!!! (He was very soft and pleasant.) Double Fine would love to make something for Nintendo's fine machine, but it's not up to us. It's the publisher's money, so they get to decide what platform to invest in. In other words, IT'S NOT OUR FAULT! I personally would have loved to make Psychonauts for the Game Cube. (Well, not literally me personally. I would have loved to tell someone else to make it, and I would have loved to watch them do it, and I would have loved yelling, "Faster! Faster!" as they worked.) I really hope we get a chance to make a game for the Wii some day. Why don't you spam your favorite publisher with mail right now and ask them to send us money to make a Wii game? (And a little extra money for a pool table?)

Encouraging, no? We've contacted Double-Fine to ask what's up, will let you know if they're interested in telling us about this project a little sooner.

I would love a sequel, but I smell a port.

Anyway, if you are interested, the rest of the FAQ is hilarious. 

http://www.doublefine.com/news.php/about

ah, one of the games that brought down majesco.

wonder who's publishing game this time.

Psychonauts Another game that was great but who's sales sucked =/.

meh.

That Tim Schafer is a funny guy...

Miyamoto is soft and pleasant to the touch...lol.

Never played psychonauts....Is it any good?

I personally don't mind these ports...Okami, Psychonauts, Re 4....maybe some Katamari...It'll give me time to catch up on some games I missed.

On the other hand, everyone swore by Viewtiful Joe...then I played it. What are people thinking....that game is crap. Maybe I'll feel the same about this one.

After watching this, you decide.

Also, do as he says. 

Super_etecoon, Psychonauts was one of less than a handful of games that I've ever laughed out loud while playing. It was a gem.

I think Psychonauts on the Wii would be a perfect fit between audience and material. Even a remake instead of a new title would not be remiss, in my opinion.

Yahtzee FTW.

Thanks DonWii.

Ok...so I guess I get to cross my fingers they remake this, or just go pick it up for my ps2 (did they make a cube version).

Wow, I've agreed with everything that escapist guy has had to say so far. Anyhow, I don't care if it is a wiimake of the original. I only had a chance to rent it but since I was busy with college and checking out of console gaming at the time it came out I didn't play it much. Even so I could tell it was a great game so I hope that whatever it is it's on the Wii.

 Why didn't you make Psychonauts for the GameCube?