This is old news by now, but I've been away.
Cartoon Network has announced that they have picked up the final two seasons of Dragonball (52 episodes) and Dragonball Z (15 episodes) for airing this year. Dragonball will start with the Piccolo saga, but saga names after that haven't been made official. DBZ will finish the Buu saga. (Those episodes were held over from last season to stretch the life of the series a bit.)
It appears as if we won't be getting a pristine version of Dragonball GT in the US, either. In order to shake things up a bit, the first and second sagas are being remixed. The first saga (usually called the "Black Star Dragonball Saga") will be largely skipped, and they will jump more quickly into the Bebi saga. The first saga was more DB-ish and the second more like DBZ, so they wanted to jump ahead to make sure fans didn't get bored or something. I think it's sad after how much work Funimation put into giving us pristine DB and DBZ after they started doing the dubbing of both. No clue yet whether the Bebi #1 DVD will contain the first Japanese episodes in eired order or the remixed US-version order.
As a side note, I received my copy of the Red Ribbon Army DVD boxed set and noticed that there is a "3" on the side of the box. With any luck, that is a clear sign that Funimation is almost ready to be able to release the Pilaf saga on uncut DVD. (They dubbed those episodes for airing of CN, but weren't allowed to bring them to video.)