Lionhead Studios announced today — via itsDevelopment blog— thatFable IIexpansion “See the Future” will be hitting Xbox LIVE Marketplace on May 12 for 560 Microsoft Points. (That’s 240 Space Dollars cheaper than “Knothole Island.”)

And yes, that wasthe announcement Lionhead teasedyesterday.

The Lionhead Dev blog has oodles of additional details on the content, as well as a link to a “Making of” video (which is also available on Xbox LIVE right now). As you can imagine, quite a few additional — and quirky — items are being added to theFable IIexperience through “See the Future.” Finally, psycho Jester make-up is happening. Rejoice.

Seems like a fair price for downloadable content on this scale. Are you guys interested in getting this?

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[Update: The video is now available after the break.]

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