in dan's words, he talks about how sony isnt going to make mib2, but now that it is coming out this summer, maybe they have changed their minds about some things. u guys have probly already talked about this, but just wanted to speak my thoughts.
“It doesn't look like it's going to happen for the same reason they aren't going to make Men In Black 2. The above the line cost is way too much for the studio to see it to be economically feasible. It's a shame too because everyone wants to do it. Even Bill Murray said he would work a few days on it. I did finish a script. Harold Ramis liked parts of it. Ivan Reitman liked parts of it too. There's definitely an interest from all of the original parties invovled to make it. But the studio just doesn't want to take the risk. My personal opinion is when you look at the success of the other two..well, there would be plenty of money to go around for everyone. So unfortunately, it looks like its just not going to happen based on the studio's feelings, not from anyone else.”