are they making a new bilzzard game

From my internship at Pixar Animations some people have realtions to others working with Blizzard and we got onto the subject of new game developments at a meeting one time, supposivly Star Craft 2 is in game development stages and has a roughly layed release date of January 2006. It is suupose to be graphics like, if not better, then War Craft III and have the game play experience of the Star Craft we all know. Not much else was said about the game and we all know how fast Blizzard gets games released on time if at all -.-