YES! YES! YES! YES! YES!
You may be aware that I'm a pretty big fan of Dead Space, so this news is pretty exciting for me. Rumors have been flying around for a while now that Dead Space 3 has been in development, and while the exact title hasn't been confirmed, EA told investors today that a new game in the franchise is in fact in development and scheduled for release during EA's current fiscal year, which ends March 2013. I've gotta say that I'm very pleased with EA for NOT turning Dead Space into an annual franchise, allowing each game some time to reach the level of greatness I expect from the series. Please don't change this practice, EA.
E3 cannot come soon enough!