Update: Ubisoft confirmed to G4TV that the translation was accurate and "Yes, Beyond Good & Evil 2 and I Am Alive are both still in development." Guess that answers that!

Because it will make the vagueness of today's rumor even more hilarious for you, we're going to walk you through the incredible history of Beyond Good & Evil 2 real quick:
  • May 2008: Ubisoft announces Beyond Good & Evil 2, with a trailer and everything, though not specifically naming it as such.
  • July 2009: Ubisoft North America's president Laurent Detoc says that while BG&E stuff is being worked on, it doesn't necessarily mean another game is on the way.
  • August 2009: Gamersyde says it's on hold, and Ubisoft won't comment one way or another.
And now, here we are in January of 2010. As spotted by VG247, Gamekult asked Ubisoft France boss Geoffroy Sardin about I Am Alive and BG&E 2 and was told, "Ils sont toujours en production tous les deux"; directly translated, "They're both always/still in production."

Alright, so which do you prefer: canceled and dead forever or always in production?

This article was originally published on Joystiq.