Well, this isn't really my news, but I'm excited, so I'll post about it anyway. I'll direct you over to Greywulf's Lair, where he is also excited about the upcoming release of Warriors and Warlocks, a fantasy settings guide to Mutants and Masterminds.
The cover, as seen on the most recent M&M super-vision, is thus:
I like it. Makes me want to play it. Amazon.com has it for release on the 29th of November, at U$19.77, which is not bad. Might be worth a pre-order.