Panda Hunnie has translated information from a couple Korean articles with information on Lee Byung Hun, AKA Storm Shadow from G.I. Joe Rise of Cobra! According to these articles, G.I. Joe 2 may start as soon as the end of this year:

It
was from BH Entertainment’s latest release that Byunghun will start
filming the sequel of Storm Shadow in GI Joe 2.. as early as end of the
year going for the first 6 months of 2010. Because of the successful
outing of ‘GI Joe: The Rise of Cobra’ with US$288 million revenue
worldwide, the production is wasting no time to start with the sequel.
Lee Byung Hun’s management team is coordinating with the Hollywood
production to really plan on Byunghun’s filming schedule for the coming
year. He had also signed on for the 3rd movie.

Maybe BH and his management team is coordinating with GI Joe’s
production for something to work out considering that he’s starting the
filming for the Storm Shadow sequel.. like almost immediately without
wasting much time at all. Who knows.. he might be taking this offer
already.. well, maybe and hopefully. And BH Entertainment is not
actually silent on the whole proposal either plus the popular notion
that he’ll be in Hollywood for the most of next year.

For fans disappointed with the supposed "death" of Storm Shadow in G.I. Joe Rise of Cobra, this is music to your ears! Will he take on Snake Eyes once more, or actually join him this time around in G.I. Joe 2?