Official Nintendo Magazine, published in the UK, has word that Brownie Brown's Magical Vacation 2 is headed for a European release come this January.
The original Magical Vacation was only released in Japan, back in December 2001. It was the first release from the then-newly-formed Brownie Brown, a 100%-owned Nintendo subsidiary led by ex-Square employees responsible for the Secret of Mana series and the Saga Frontier series.
In the US, we did see Brownie Brown's Sword of Mana, a remake of the Game Boy Seiken Densetsu. Sword was supported by Hiroshi Yamauchi's Fund Q.
Magical Vacation 2 has not yet been announced for US release, but we just might hear about it at next week's E3 2006 show. Keep your ears peeled and N-Sider bookmarked for any news.