It is around you can probably find a Private Server for it if you looked really really hard but for the most part the game feels unpolished compared to RO1 and uninspired compared to other 3D MMOs of today. The combat system is bleh and the Ragnarok-level of grind just doesn't cut it anymore.

Really it is really lacking so the fact you heard nothing is a good thing.

What I can't wait for is Ragnarok 1.5 which is what Ragnarok 2 should have been. Since the Ragnarok 2 soruce got leaked (how they are running private servers) a group of dedicated fans is going about porting as much of the Ragnarok 1 gameplay and classes into the Ragnarok 2 engine building a lot of it from scratch.