As it's a Lucasarts IP, a KOTOR 3 will get made when Lucasarts says so. Whether Bioware or anyone else makes it is a different story. Bioware has suggested that they're rather develop their own IP than work on other's IP. However, they're supposedly working on a KOTOR-derivative MMORPG..so who knows..
Lucasarts themselves are focused on The Force Unleashed..
I'd be interested especially since I loved the original. The 2nd was meh because Obsidian did a real hack job on it. I really hope Bioware returns and makes the 3rd because games like Mass Effect show promise.
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