'American Pie' Franchise Returning to Theaters?!

With filthy, foul-mouthed R-rated comedy making a huge comeback (thanks, in part, to the success of Judd Apatow's films) coupled with the fact that the original cast of American Pie aren't exactly A-listin' it up on the big screen lately -- well, it doesn't take a brainiac to imagine some folks might want to revive the popular teen sex comedy franchise and stick a new one in theaters. Seeing as the direct-to-DVD installments featuring Eugene Levy all did well for Universal, now might be the perfect time to reunite this cast -- all of whom could probably use the extra paycheck (ahem, we're looking at you Tara Reid).

According to Moviehole, that's exactly what Universal is looking to do. Though no one has officially joined the cast (I think it's easy to say Eugene Levy would do it for a credit and a gift certificate to the Olive Garden), but the site claims things are inching along and an announcement could be made soon-ish. One imagines any sort of theatrical sequel would revolve around the married lives of Jim (Jason Biggs) and Michelle (Alyson Hannigan), and perhaps they'll tap in to the recent big-screen pregnancy boom and churn out something like American Baby ... or whatever.

What do you think? Is there room for another big-screen American Pie film? Would you see it?