1.) Name change: It is now UT III (No longer UT 2007)
http://www.computerandvideogames.com/article.php?id=156231
2.) Xbox 360 release:
http://xbox360.ign.com/articles/758/758367p1.html
Just great...
The name change gives Epic license to release the game sometime in 2009, and a release on Xbox:

......
Ah well, maybe they'll cross-platform it just to boost us PC-user's egos.
EDIT: Apparently there is a new trailer for the game as well... Again, nothing earth shattering here either, but kind of cool to watch:
http://media.pc.ign.com/media/746/746632/vids_1.html