I certainly hope so, as does every other self-respecting RPG fan. 

The sequel to one of the best loved Role-Playing Games on the Gamecube, will be shown later this year and will see a release on Wii, if a popular German SEGA site is to be believed.

The website, SEGA ON, claims to have reliable Sega insider information on Skies 2, stating that it will be announced as early as the Tokyo Game Show, and is planned primarily for the Wii, although there is talk of a Playstation 3 version as well.

Speculation of the game's existence was recently stirred when it showed up on the listings for SEGA Gamers Day 2008, so this rumor has some strength to it.

The original was great, and had a few loose ends, so a sequel would be great.

Source.