I know there is kind of a thread for this, but I think this is pretty big news.
http://www.worstpreviews.com/headline.php?id=20424
AICN received a scoop from an event that took place at the London International School of Performing Arts, where
Keanu Reeves spoke to the class about his career while promoting his new movie "Henry's Crime." He spoke briefly about "47 Ronin" and "Bill and Ted 3," but the big news came when Reeves revealed that he met with the Wachowskis around Christmas. They told him that they completed script treatments for two more "Matrix" installments. They are planning to make the films in 3D and have already met with
James Cameron to discuss the advantages and disadvantages of the technology. Reeves added that he's excited to return as Neo and promised that the treatments will truly revolutionize the action genre like the first "Matrix" film did.
Really hope the Wachowskis put the same amount of thought/tech they did into the first installment. The last two had a lot to be desired, and I hope this isn't just another example of Hollywood bringing back another franchise from the dead. However, 3D technology could add a lot to the Matrix world. Kind of split on this one...