Deadline has now confirmed that Sony will bring Craig back for the 24th and 25th installments of the Bond franchise. Craig has already donned the Bond tux in Casino Royale and Quantum of Solace and will do so once again in November's Skyfall. This move will put Craig at five outings as 007, behind Roger Moore's seven appearances and Sean Connery's six appearances.
Good for Sony and good for the Bond franchise. Craig has revitalized the franchise, and while someday someone else will be James Bond, Craig is the only actor I can envision in the role at the moment.