Scheduled release date: May 19, 2005.
Roughly 22 years after it was announced that Episode VI would be Revenge of the Jedi, only to later be changed to Return of the Jedi, it was announced (at the San Diego Comic-Con) that the title for Episode III will be Revenge of the Sith.
FYI: The Sith are masters of the dark side of the Force and the sworn enemies of the Jedi. They were all but exterminated by the Jedi a thousand years ago, but the evil order continued in secrecy. They operated quietly, behind the scenes, acting in pairs - a Master and an Apprentice - patiently biding their time before they could take over the galaxy. In Episode III, they'll finally exact their revenge on the Jedi.
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