Rumors are rampant that Arrested Development has been picked up by Showtime for a 26-episode order. Page Six in the New York Post floated that story this morning, in fact (which was replayed on Salon.com).
However, that's all they are right now: rumors. Fellow Squadder Ryan j Budke found out from his source at Showtime, who is close to the negotiations, that they are still in talks about the show and nothing is official yet. There may be an official announcement later in the week, but that's about the only information we've been given.
Don't worry: if word comes out that AD has been officially picked up, we'll have it for you.