There is a 2nd series due out. Funimation already has about 20 episodes available on their site subtitled. It's called Fullmetal Alchemist: Brotherhood, and it retells the entire series, but closer to the original manga story. Therefore, up until the first appearance of Greed, the series is almost the same as the original. Once Greed appears, everything takes a very different turn. I have to say though, that FMA is my favorite Anime series. The ideas portrayed about the relationship between religion and science are well thought out and portrayed. I love it.
Have faith in yourself; amateurs built the Ark, professionals built the Titanic.