Coming Soon says
AMC announced today the renewal of "The Walking Dead" for a third season. Season two continues to deliver the strongest telecasts for any drama in basic cable history against Adults 18-49 shattering a basic cable record set nearly 10 years ago for a single drama telecast ("The Dead Zone"). "The Walking Dead" is based on the comic book series written by Robert Kirkman and published by Image Comics. Glen Mazzara serves as series' showrunner. Kirkman, Gale Anne Hurd, David Alpert and Frank Darabont are executive producers. Greg Nicotero is a co-executive producer.
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I'd hardly call this a surprise nor is it rocket science to lock this in for another season. Still it begs the question as to why they're not renewing for multiple years.
Thats good!
SPOILER The girl that plays Ricks wife stated "A majority of this season will be on Hershers farm" so that gives you a good idea on where the story is going. Perhaps they will head to the other iconic locations next season?
BIG SPOILER
I hope they don't go to the prison too soon, I don't think they could squeeze a whole lot of episodes out of it without it getting dull.