That is a picture of the upcoming remake of the Leisure Suit Larry. Its coming to every possible platform (Except Wiiware, much to my annoyance) and Al Lowe is along the ride.
This is actually old news. Looking at the developers site, it seems it was announced around June. The project is now going full steam ahead, and the release will be around first quarter of 2012.
http://www.egmnow.com/articles/exclu...returns-in-hd/
So, its Kings Quest from Telltale (Yes, they have rights for that) and Larry from company I've never heard of. Now can someone please, PLEASE, pick up Space Quest?