I heard in february i think, some rumors about the 2nd album.
Too bad, maybe those waswnt true because nothing has been announced in all this time.
Maybe Naoki its too busy whit BeForU, so maybe if we see a new TERRA album its gonna be at the end of this year or maybe at the beggining of the next one (I think they are going to say something about the second album when the new web site opens:
http://beatrevolution.i-revo.jp/terra/index.html )