OOOOpps, thought you were talking about first MAFIA game. Except for subject, you had no reference to sequel in your message body.
Think it has been delayed awhile:
QUOTE
According to the post, internal strife at Mafia developer Illusion Softworks has led to the firing of head programmer Daniel Vavra—and to Mafia 2 being “indefinitely postponed.” The post also quotes Petr Vochozka, founder the Czech studio, as saying. “It is a shame that the game won’t be finished anytime soon.” That sounds like an open-and-shut case—except Mafia 2 hasn’t even been officially announced yet, and neither Illusion nor Mafia publisher Gathering are commenting on it.
I think they are focusing on playstation/Xbox right now. The tentative release date for sequel is December 16, 2005.