Feargus Urquhart working with Bioware?

Saw this on RPGDot.

“Xbox.IGN has posted an article that says an unnamed but reliable source claims Star Wars: Knights of the Old Republic is under development at Feargus Urquhart’s Obsidian Entertainment. Nothing has been confirmed (or denied) at this point but many readers will recall a previous announcement that Bioware and Obsidian would be working together on “…established game franchises with proven technology and brand loyalty from the fan community.”.”

If true they arn’t wasting any time on getting the next one going.

Hate to be an ass but…
http://www.quartertothree.com/phpBB2/viewtopic.php?t=6265

I’m curious what Obsidian can do. Have they done anything else yet?