Microsoft, it would seem, has no pity whatsoever for our aching bank accounts (or cash stuffed mattresses, these days), as it has been officially announced that Penny Arcade Adventures: On the Rain-Slick Precipice of Darkness, Episode 2 will arrive on Xbox Live Arcade next Wednesday, October 29. The game includes many new gameplay features, including extra difficulty modes, completion tracking, and the ability to transfer Episode One characters into the game. The game will also feature music from The Darkest of the Hillside Thickets, a rock group devoted to the writing of H. P. Lovecraft. Perhaps best of all -- and certainly most interesting -- PAAOTRSPDE2 will cost 1200 Microsoft Points, a full $5 less than the 1600 point Episode One. Find another video after the break.

Gallery: Penny Arcade Epidsode 2

This article was originally published on Joystiq.