It is also in development for the PC and PS3. It comes as no surprise (at least to me) considering the sales of Crysis. No exact release date was given other than Ubisoft's fiscal year 2009 which runs from April 1, 2008 to March 31, 2009.
source: http://www.joystiq.com/2008/01/03/ubisoft-announces-far-cry-2-for-xbox-360-and-ps3/