http://www.ign.com/articles/2013/05/06/far-cry-3-blood-dragon-director-has-a-sequel-in-mind

Not sure how true this is but man it'd be awesome if they made at least one more. I'm not sure how everyone else feels about there being a Blood Dragon 2 but I for one would love a second game. Thoughts?

I would love it. But. Is there something left in the 80's to mock? The first one did an extensive job on that.

It's the 80's. There are all kinds of things to mock. They could have a guy trying to take over using cheesy music and Rex Power Colt has to shut down his robot stereos.