I'VE GOT SOME GOOD NEWS!!!!!!!!!!!!! LOOKS WHAT'S FINALLY HAPPENING!!!!!!!!!!!!!!

All we've got to say is it's about time.

Young Muggles who've gone gray waiting for J.K. Rowling to magic up the fifth volume in her hugely popular Harry Potter saga finally have something to cheer about.

Harry Potter and the Order of the Phoenix is scheduled to hit book stores worldwide on June 21, her publishers confirmed on Wednesday.

"We are thrilled to announce the publication date," Nigel Newton, chief executive of the British-based Bloomsbury Publishers, said in a joint statement with Barbara Marcus, president of Scholastic Children's Books, which publishes Potter Stateside. "Harry Potter and the Order of the Phoenix is absolutely superb and will delight all J.K. Rowling fans. She has written a brilliant and utterly compelling new adventure."

Rowling certainly took long enough.

It's been nearly three years since Potterphiles got their hands on the last installment, Harry Potter and the Goblet of Fire, which hit store shelves in July of 2000 and saw the lightning-scarred boy magician flirt with the opposite sex and face death for the first time. The book conjured up a record for the fastest-selling book and joined the first three volumes--Harry Potter and the Sorcerer's Stone, Harry Potter and the Chamber of Secrets and Harry Potter and the Prisoner of Azkaban--on top of bestseller lists around the globe.

Since then, however, with all the hype, the reclusive Rowling has slowed things down a bit, having recently tied the knot and becoming pregnant (her baby is due in the spring). Instead of sticking to her previous one-book-a-year schedule, she took her time with the new novel, and let fans satiate themselves with the movies. All the while, she had to deny rumors she was suffering from writer's block.

Apparently she wasn't. Order of Phoenix is the longest installment yet in the wizard saga, clocking in at a hefty 768 pages--one-third longer than its predecessor (255,000 words for Phoenix compared to Goblet's 191,000 words).

So far, there's no word on the plot, but based on Rowling's interviews, expect the book to be even darker as Harry, now a teenager, once again confronts You-Know-Who.

No word what this latest plot is about, but Rowling's publisher gave a quick sneak peak of the first few sentences of Phoenix:

"The hottest day of the summer so far was drawing to a close and a drowsy silence lay over the large, square houses of Privet Drive...The only person left outside was a teenage boy who was lying flat on his back in a flowerbed outside number four."

Bloomsbury also released lines that suggest Harry will finally discover more about his past.

"Dumbledore lowered his hands and surveyed Harry through his half-moon glasses. 'It is time,' he said, 'for me to tell you what I should have told you five years ago, Harry. Please sit down. I am going to tell you everything.' "

All told, the first four volumes in the Harry Potter series have sold nearly 200 million copies in more than 55 languages in some 200 countries. Their phenomenal success also gave rise to a new bestseller list for children's books created by the New York Times.