Ubisoft CEO Yves Guillemot tells Polygon that the team, headed by Michel Ancel, is still passionate about Beyond Good & Evil 2, but other games, such as Rayman Legends, have slowed its development.
"What's very important is that Michel Ancel is kind of doing too many things at the same time," Guillemot says. "He was working on Rayman Origins last year, and he's working a lot on Rayman Legends this year. So, you know, when he does that, he kind of puts too much of his time on the other projects that he has. So the fact is that working on Legends is slowing the process on Beyond Good & Evil 2."
Rayman Legends was recently delayed to Q1 2013 on the Wii U. Perhaps once Legends launches, Ancel and Ubisoft will get to work, for real, on Beyond Good and & Evil 2. And maybe they'll even tell someone about it.