The announcement was just made at a press conference in London, where it was revealed that development duties would be handled by Obsidian, who previously worked on Knights of the Old Republic II. The game will be surfacing on the PC, Xbox 360 and PlayStation 3 at some time in 2010.
As you would expect, Bethesda hasn't spilled many more beans at this point in time. We do know that New Vegas won't be a direct sequel to Fallout 3, though it will take part in the familiar universe. That, and it definitely will be an RPG.
More as it comes.

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