It was just announced on september 11th at 6:50 AM that Terraria will be coming to consoles!!!
This news was posted on the Official terraria facebook page. https://www.facebook.com/TerrariaOfficial
It is also stated that there will be new content included! There is no specified release date yet, so we will have to wait for more information. I will post any more information as it becomes available, so be sure to check back!
And let us know that you think by posting your comments below!
- Release date - "early" 2013