Well, now that massive reduction in 'Splosion Man's XBLA price makes sense.
Seems developer Twisted Pixel was drumming up coverage of the fantastic platform series in readiness to reveal the sequel (which is taking a leaf out of Pac-Man's book), which was announced today. Welcome to the fold Ms.Splosion Man!
Check out the trailer of the new title at the developer's official website. The title looks to utilise the same engine and underground testing laboratory as the original title, with the gormless scientists of the first accidentally creating another explosive and deranged character. looks great. The game is due sometime in 2011.