According to Eurogamer, Microsoft confirmed that Fable II: Game of the Year Edition is in fact real, and is scheduled to release on September 28, in Europe that is. What Microsoft hasn’t confirmed, is what will be included with this new version, but chances are it will have all the previously released download packs currently available on XBL.
As of now, this is only for Europe. Microsoft has yet to announce anything about this releasing in North America. Keep is here as more news comes in.