UPDATE: Added a few more details below.
Of all the games created in Minecraft’s wake, Terraria is one of the better ones. More than just a 2D version of Minecraft, Terraria takes the the idea of collaborative building and exploring and just goes.
The announcement said the console versions are “coming soon” and will feature “brand new content." It's scheduled for a vague "2013," and is being ported by Re-Logic and 505 Games.
It’s only $9.99 to see what all the fuss is about on Steam.