Dragon Age 2 is both a relief and a disappointment rolled into one. The fact the hero of Fereldan will not be carrying over, and the story of DAO is pretty much told and set in stone is the culprit for both. I'm disappointed because I would have loved to have seen my character reunite with Morrigan at some point, despite the fact that their relationship was doomed from the get go. I would have liked to have seen Alistair being all kingly. I would have loved to have traveled to Orlais and combat the Darkspawn as they rose up from the ground again (semi covered in Awakening), but most importantly, what happened to my kid?!
But then relief sets in when I think of Mass Effect 2's epic fail on those counts. Considering Bioware's track record for sequels, I'd say that I wasn't going to see any of those things regardless. Though maybe I would have gotten an impersonal, half-assed note in DA2 that would have probably glitched. Better to do a spin off then a remake I suppose.
In any case, DA2 is offering up some exciting new prospects. A decade long campaign (hopefully with character aging), the game's landscape changing throughout based on your choices (likely taking a cue from Alpha Protocol's single redeeming feature), and graphical and combat enhancements (ala ME2, so expect a God of War-esque game rather than a Dragon Age-esque game). Coming to stores in February, I believe that DA2 will be very telling as to where Bioware intend to take their games into the future. Especially in terms of Mass Effect 3.