Spoilers under the cut (though, um, what I would be warning you for spoilers for would spoil the spoilers - so if you don't want any spoilers for anything, it'd probably be best not to click).
Eeeeeeeeeeeeeeeeeeeee!!!!! THEY'RE HAVING A NEW AVATAR SERIES!!!! I CAN'T WAIT! THE NEW AVATAR IS A GIRL! AND FROM THE SOUTHERN WATER TRIBE! AND THERE'S STEAMPUNK INFLUENCES! AND AIRBENDERS! AND I'M REALLY NOT THAT COHERENT THROUGH ALL THIS SQUEE SO HERE'S THE SPOILERS (cut & pasted - source: racebending):
The Legend of Korra takes place 70 years after the events of ‘Avatar: The Last Airbender’ and follows the adventures of the Avatar after Aang – a passionate, rebellious, and fearless teenaged girl from the Southern Water Tribe named Korra.
Korra’s quest eventually leads her to Republic City–the epicenter of the world of “Avatar.” A metropolis powered by steampunk-type technology, the city is inhabited by people from all nations. Korra finds that Republic City suffers from rampant crime and is also dealing with an anti-bender revolt. Korra is tutored by Aang’s son, Tenzin, is the ways of airbending.
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EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE!! SQUEEEEEEEEEEEEEEEEEEEEEEEEEE!!!! ♥♥