Star Wars: KotOR MMORPG Confirmed?

It appears that Electronic Arts chief executive John Riccitiello used E3 as an opportunity to confirm that BioWare is currently developing Star Wars: Knights of the Old Republic Online.
In an interview at E3 this week, Electronic Arts chief executive John Riccitiello said that EA is working on the next version of Star Wars game Knights of the Old Republic, and it will most certainly have a massively multiplayer online component to it.

"We've got two of the most compelling MMOs in the industry in development," said Riccitiello. The first title, based on the Warhammer property, will launch soon. "And the one that people are dying for us to talk to them about -- in partnership with Lucas, coming out of BioWare, which is, I think, quite possibly the most anticipated game, full stop, for the industry at the point when we get closer to telling you about it."

Does Riccitiello mean the oft rumored Knights of the Old Republic Online? "Yes," he said.

Hmm. A massively multiplayer component. Good or bad news?