Yes, Ron Burgundy is back and it looks like Will Ferrell is back two.  In this new extended trailer you can see Ron and the guys as they make their way to New York to be a part of a new Global News Network.  This looks like funny to the 10th level.

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I'm a Will Ferrell fan and I think that Anchorman has to be his funniest movie ever. With that in mind, a sequel is more than called for.  It looks like everybody is back for the fun along with some new characters to help drag Ron from the 70's to the 80's.  Here you go:

Here's the original trailer: