This has me excited and worried at the same time. I don't think anyone would be able to produce a BG3 which would be worthy of the title, but I wouldn't mind a modern version of BG2. High resolution graphics would be good enough for me (there is actually a mod-project trying to do just that, but last I checked they were progressing rather slowly).
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Last I heard of this game, it was continuing the Bhaalspawn storyline. In all honesty, I thought that had wrapped up nicely by the end of Throne of Bhaal... Just have to wait and see. I've got to agree that the first two installments "need" to be updated to modern standards. Graphics, mechanics, animations, hopefully a realistic art style with properly scaled weapons (I'm spoilt by TW2 in this respect whilst DA:O and DA2 irk me in this), and of course a six member party. Just rip the most of the audio from the game files (sound effects would have to be updated though) and "plonk" all the music and dialogue into the new game. Unchanged and untampered with.