Sir-Tech has been very positive on Wizardry 9 over the last year, and it wouldn't surprise me if they were already working on it--remember, they're now a very small company, and any project is going to take quite a while. Thus far, there have been no official announcements.
As for Might and Magic, the purchsae of the brand's rights by UbiSoft is not exactly the best of news. I'd much rather hear that van Caneghem was once again at the helm, though his team clearly needed help with ideas towards the end. UbiSoft will simply farm out the brand; and whether they select a reasonable developer or not will depend upon some in-house VP and a budgeting office. Just the very people you want to make game decisions, right? <img src="/ubbthreads/images/graemlins/winkwink.gif" alt="" />