EarthBound 2 (or Mother 3, depending on the region) is alive and well, according to series creator Shigetsao Itoi. Updated with the official game teaser site!
It's been a long time coming, but EarthBound / Mother creator Shigetsao Itoi has finally made an announcement regarding the ever-mysterious Mother 3 (or EarthBound 2, as it'll probably be called in the states) on his website. According to Starmen's translation, Itoi had this to say:
"I've worried people quite a bit this whole time, but I'm happy to report that Mother 3 for Game Boy Advance is nearing release."
Itoi admitted that he didn't want to say anything on the game until he was sure everything was exactly alright, but now that the title is this far along, he feels comfortable revealing its stability. Unfortunately, a precise date was not given, only the estimation of " about one season away" until the Japanese launch.
So rest easy, Ness-lovers of the internet, your favorite series will in fact see the light of day again.
UPDATE: NCL has posted a teaser site with logo for Mother 3. Check it out!