To add little, I had recently sent out some question to the Pioneer 
web page and I recieved a response that had said something to the 
effect of 'Yes we have new Tenchi episodes coming soon and Thanl You 
for you comments on the first season of El Hazard.'

******************
In the previous post Spoon wrote:

I read this at the AIC site.  I thought it was interesting.  This was
posted in their rumor section dated 5/15.

"Apparently they have begun writing the scenario's for the new
Bubblegum series. There are also rumors of new OVA series for both
Tenchi Muyo! and El Hazard (both OVA).  Sources have said that the
English version of the Tenchi Adventure Game will soon be finished and
next month they are starting the translations of the Armitage
production data CDROM. Hopefully both will be available here through
the homepage."