I think everyone figured it was a done deal anyway, but somewhat lost in the shuffle was that the G.I. Joe Q & A answers on JoeReloaded.com have confirmed that there will definitely be a Rise of COBRA sequel!
Q. Has the box office receipts of GI Joe: Rise of Cobra met or exceeded Hasbro’s expectations? Are they enough to officially green light a sequel?
A. G.I. Joe: The Rise of Cobra box office results are strong globally, and Paramount has confirmed that there will be sequel.
So there you have it. Thanks to Ed Dam of JoeCanuck.com for pointing that out to me as I kind of glossed over it while gathering all the links together.