Not sure if anyone has posted this. If so, I've missed it. According to Norwegian gaming site gamer.no, Obsidian is currently working with Red Eagle (who secured the rights to do Wheel of Time games) on an RPG set in the Wheel of Time universe.
The article is here:
http://gamer.no/artikler/46199/obsid…wheel-of-time/
Hardly any information is known yet, other than the fact that Red Eagle Entertainment chose Obsidian due to their ability to mix superior story telling with great RPG elements and mechanics.
Sounds very interesting!