In a developer roundtable conference at E3, legendary video game creator Shigeru Miyamoto of Nintendo stated that the Pikmin series is in fact being revitalized.

Up until now, this has been widely rumored to be the case; it’s nice to get the official confirmation.  Unfortunately, we’re not sure if the title will be coming out for Wii or DS, but it seems like it would actually be a perfect fit for both consoles.