Yes, we're back again with what's becoming a monthly Old School 2 (or Old School Dos) update. Last time we checked in with the highly-anticipated sequel, Will Ferrell was on the fence about whether or not he would return. In some interviews, he was optimistic and wanted to read the script, while at the same time (during other interviews) he denied any and all involvement in the pic. Since the entire film hinges upon Vince Vaughn, Will Ferrell and Luke Wilson participating, writer-director Todd Phillips (and co-writer Scot Armstrong) would have to turn in one helluva script in order to get those three back onboard. Could it be done? Would it be done.

Speaking with Rotten Tomatoes, producer Ivan Reitman felt that script may have just arrived in his lap. He says, "I have in my briefcase a new draft of the screenplay, I got last night. I haven't read it yet. I'm going to read it on the plane. So yeah, we very much want to do it. We hope we can corral the entire cast because it was written by the same writers, will be directed by Todd Phillips as before." Since he uses the words "new draft," I'm thinking Phillips and Armstrong might be having a hard time producing a quality sequel; one that would immediately attract the attention of those very expensive actors. Another potential reason why the sequel is taking so long to come together might be the fact that Phillips' last film, School for Scoundrels, bombed at the box office. If Dreamworks is going to open their deep wallets for Vaughn, Ferrell and Wilson, I imagine they want to make real sure their director is going to produce a quality flick. Then again, the first film wasn't all that special (that's right, I said it!), so who knows ...