Alot of contradicting sources flying across the web. Just got something else from my weekly "Fable II for PC" search on Google, & found a short article stating that due to Fable II's success on the XBox360, production for the PC was "imminent". I'm not getting my hopes up too much though.

Ash

Source: http://whatifgaming.com/lionhead-studios-fable-ii-on-pc-imminent