Sequel to The Lord of the Rings: The Third Age?

I read about this on ActionTrip and then TeamXbox a few days ago, but forgot about it until reading it again at IGN Xbox here.

Apparently, EA Games might be developing a sequel to The Lord of the Rings: The Third Age called The Lord of the Rings: The White Council. I'd welcome this, as the original title was a lot of fun in its simplicity. I'm close to two thirds of the way through for the second time, but the going is slow as the replay value has really worn out by this point.

For the sequel, they basically need to dump the movie sequences, focus on a character driven original story, and allow for more exploration and less repetative combat so damn often.

Screenshot from The Lord of the Rings: The Third Age (Xbox).