Sunrise is doing both Gundam 00 and the second season of Code Geass but we do know that CG has been moved to next year in place of Gundam 00. It’s known that Gundam 00 will be taking a break halfway through its airing but we don’t know why or what for. Current rumors give 26 episodes of Gundam 00, 26 episodes of Code Geass, then the last 26 episodes of Gundam 00.
If that’s true then Gundam 00 will not finish for a year and a half while Code Geass will still be half a year off from Gundam 00’s original airing meaning spring. It makes sense giving that sunrise doesn’t want their two main franchises going at one another during the airings.
We’ll have to wait and see for more information but the only concern is: will Gundam 00 be good enough that you won’t mind the wait?
I think its a nice way to break between animes. It gives them alot of time to work on the other show and not rush it. Concentrating on 1 anime in full though is more beneficial to us the viewer(well we would hope so atleast since they can concentrate efforts) then to water down both and betray the fans.