The game while not bearing it in the titles is still being helmed by American Mcgee from his Shanghai studio Spicy Horse. The only real info we have is a short trailer that still seems to have a lot in common with the first games visuals. The game is said to take place in both real world London and Wonderland and allows Alice to use her madness and wonderland as a weapon. The game is slated for a 2011 release on PC, 360, and PS3.
Below is a gallery of Concept Art and a Teaser Trailer.