I just got the following video in a press release today. LEGO Hero Factory is the line that is replacing Bionicle:

While I, myself, wasn’t the biggest Bionicle fan, I can appreciate it’s place in the LEGO product line. There were mixed reactions when LEGO announced that the line was ending. Hero Factory seems like a good idea that has just the right appeal to hook kids. Some preliminary images have been leaked if you want to take a look (Hero Factory replaces Bionicle in August 2010 via The Brothers Brick). FBTB will have full coverage of this line come Toy Fair in February.