http://kotaku.com/5942937/bayonetta-2-is-a-wii-u-game
Atsushi Inaba of Okami fame is producing, and Yusuke Hashimoto, who produced the first Bayonetta, will be directing.
And, there you go ladies and gentlemen, my official reason to buy a Wii U.
I'll also get the inevitable port/+ version of the game if it goes over to Microsoft or Sony.
Color me excited, Bayonetta was easily my favorite action/adventure game of this generation.