No. It takes like a thousand years to animate one episode. Season 2 is being worked on.
My biggest problem with the show is that the episodes are all pretty samey, and the characters are lame. Lots of people get killed, the warden is a jerk, the twins cause some shit, the end. I know character development isn't really key, but a lot of the jokes fall flat. The general insanity is its most endearing (and hard-to-watch) quality. I just watch an episode and don't know what exactly I'm supposed to be "enjoying", but the animation is just soooo fucking insane and awesome that I can't help but watch. Still, I NEVER reccomend watching every episode in a row. Maybe that was one of my problems with the show. Talk about a migraine
Still, a good show overall. I hope they do it forever. Way better than most of the dreck they show (DRINKY CROW?! Also, Tim and Eric is almost always lame, but I liked Tom Goes to the Mayor, and Eric used to play in Ink and Dagger, so they get my respect)...