According to this Fox News story as well as many other news articles, Lucasfilm is promising that there will be less products marketed for the new Star Wars film, Attack of the Clones. However, will LucasArts be affected by the dramatic slash in Episode II merchandise? Probably not. Here's a quote:
"We've scaled it back a lot," Lucasfilm licensing executive Howard Roffman said. "We're going to stick to the basics ? toys, video games ... the things our fans prefer, rather than some of the fringe items."While this may come as bad news to some fans, we can rest assured that LucasArts has learned a lesson or two from their less-than-wonderful Episode I games.
Source: Fox News Article