Peter Molyneux's Fable 2 is set 500 years after the original, and will include "a massive amount of freedom and choice to explore a vast collection of dungeons, catacombs and caves in the world of Albion."

Set for release in 2008, the 360 exclusive title will expand upon everything the previous title offered. There'll be a dog, too. The pooch will "act as friend, compass and protector", and all you need to do is feed it every now and then. Well, dog is man's best friend, after all.

You can check out the newest trailer after the jump.