A lot of people seemed to hate the endings to KotOR 2: TSL, but I seen it as the most obvious thing, part 2 of a trilogy.
*SPOILERS AHEAD* (if you havent beaten the game at least twice, why are you even on this board?
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The whole war against the sith empire in the unknown regions and how "If Revan is alive he will surely need warriors to help him, Jedi and Sith" and the "evil" ending having the Exile at the core (which supposedly focuses force power and can draw force sensitive people there) and the "good" ending with the ebon hawk flying into the unknown regions, its obvious that that is where the game will take place. (think of it as RotJ or RotS for KotOR).
As for it being released within Q1 or Q2 of 2006, not gonna happen. Actually, we'll be extremely lucky if they release it in 2006 at all. I forsee a Q1 or Q2 2007 release (unless lucasarts forces it out the door early again)
Personally, I dont care how long it takes for them to release it, as long as its done right. Example: Legend of Zelda: The Twilight Princess (yes, a bit off topic but it has some relevance) was originally due in October (or one of those Q4 months) 2005. Now its pushed back till April 06.
THAT is smart game developing. Any time a game is released earlier then the original release date, you can be assured its not as good as it could have been.