fandango, last I heard (through an email that I believe I posted on these forums a while back,) FoA2 isn't dead, but progress is at a crawling pace (or maybe even a standstill, I forget.) Either way, it's not looking too good.
Calle from CoS posted this on January 13 of this year:
"Yes, I am working with the game again.
However... I will be careful in making any promises this time. When I started this game I was a student without and responsibilities and kids. I've had lots of work the last few years but I have decided to make room for this project as well.
If I notice I won't have the time to finish it I will try and find someone that wants to take over the project. In that case I will send out a mail to all members at this forum as well as posting on the site.
For now, I will add a facebook share button and a twitter button on the homepage for those that are interested in sharing the information about this project
Finally, thanks for the support everyone!"
He hasn't posted about any progress since. He hasn't logged on in about a month and a half. Lastly, the forums are, once again, infested with spam.
I too don't believe that either of these games are dead, as the websites are still being paid for.