In light of Peter's new cinematic obsession, I figured I'd let ya'll in on this update. From AICN:
Click on the link above for the rest of the story.
So what’s up with Boondock Saints 2? Well let me tell you. The working title is “Boondock Saints II: The Second Coming” and will be the further adventures (so to speak) of the MacManus Brothers. “After Sean, Norm and Billy read it, we spoke several times. They are very excited to Rock-n-Roll on this and it was nice to swap “Boondock Stories” with them.”