The King is vaporware no more: GearBox Software has revived Duke Nukem Forever for a 2011 release on 360, PS3, and PC.
Duke's grand return is being made at PAX Prime in Seattle where lucky visitors are getting hands-on time with a demo of the game. GearBox is picking up right where 3D Realms left off so expect to be fragging aliens in a first-person shooter. We'll post a trailer and more info as soon as it becomes available.
Update: Here's the trailer, which is the exact same one 3D Realms put out a couple years ago. Only difference is the larger ESRB warning and 2K logo at the beginning:
Fans can expect the familiar pig cops and huge aliens making a return to make for some nice targets to get in front of Duke. There will be a lot of interactive elements in-game such as playing basketball, writing on chalkboards, reading magazines, and lifting weights.