The words you are looking for are “OMFG”. And as the video states, there will be more coming on May 24th at the Eastern Conference Finals. Ya, we are excited.
The game development is going back to Infinity Ward, the same geniuses behind Call of Duty 4: Modern Warfare. This is a direct sequel to CoD4, and it is going to be published by Activision Blizzard. The graphics are looking pretty amazing, but lets hope the multiplayer sustains or exceeds the quality of its predecessor.


Call of Duty 7 Under Development | Gamer's Review Corner wrote:
[...] Modern Warfare 2 (Call of Duty 6) has yet to make a major appearance (with the exception of a TV spot), Treyarch has already started working on Call of Duty 7. This was confirmed by Senior Editor David [...]
Link | May 13th, 2009 at 2:50 pm