Meh, I didn`t like KOTOR II all that much. It got on my nerves after a while and there were to many things left undone. I liked some of the new characters (not GO-TO) and some of the new force powers were absolutely crazy (Force Crush= WHA-HO!).
Personnally I think they should come out with KOTOR I with all these new features they put in the second one (cept the Influence for obvious reasons), but that`s just my opinion.
As for KOTOR III. About 70% of the people have already said: Who knows?
If they really are going to do it, I hope they do it right. Put lots of time and thought into the storylines and graphics. Not the glitchy game I have on my Xbox.
As for a basic storyline. That`s a toughy. It would be Xtremly hard to make one that allows someone to go LS or DS. THey can only smash the Republic and Jedi so many times for DS lovers.
Anyways, that`s what I think.