MEN IN BLACK III in the works...

[Sussudio]

As mentioned at ShoWest...

Sony plans to go back to the well and make a third "Men in Black" movie. This was the first announcement that Will Smith and Tommy Lee Jones might be back together again, although no further details were given in terms of how far along they are in development, whether there's a script in the works or whether indeed, it will be joining Spider-Man 4 in Sony's summer of 2011.

Source: ComingSoon.net

i never even saw the 2nd one, but I find it hard to believe a 3rd is needed...whatev