I want to add Makin Magic to my Sims 2 game i just installed (i am new to this, but want to learn). But i found an old Makin Magic game and was wondering if it would work! Thank you all.
I very much doubt that the Sims2 will support add-ons for the Sims1. As far as I know, the Sims2 uses a completely new game engine, and Sims1 add-ons will not work with the Sims2.
No. Rumors at EA say that the core Sims team is working on Sims 3, and that Will Wright's team is tied up with spore.
A new Making Magic type expansion almost certainly exists as a design proposal, given EA's expansion happy style, but nothing concrete has been announced yet.