We had several delays before, but Double Fine have now confirmed that Psychonauts 2 will definitely launch by the end of this year.
The company issued a statement via the official Twitter account and while they didn't mention a concrete release date, but they said "it is real. It is playable. It is coming."
The original Psychonauts was such a blast to play, and based on what we've seen so far, a sequel is ought to be even better. While we don't know when exactly the game may arrive, it's nice that we have some confirmation at least.
We will keep you updated as more information rolls out!