When is the MTV show My Life as Liz coming back? Or was it cancelled?

The Premiere of Season 2 of "My Life As Liz" will air on Tuesday, February 8th, 2011 at 11 PM EST on MTV. New season will have between 9-12 episodes.

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Sunday, February 05 2012
Source: http://www.avclub.com/articles/my-life-as-liz,37226/