JoBlo got the scoop directly from Twisted Pictures’ own House of Jigsaw message boards, and here’s the real short version: According to producer Gregg Hoffman, "Saw 3" will happen, but it might not be ready for next Halloween.
"First of all, thank all of you for your support. The SAW II opening exceeded our wildest expectations and you guys had a lot to do with it. So THANK YOU THANK YOU THANK YOU!!!
Now.. a few comments.
1) RELAX!!!! We just finished SAW II. Yes, there’s going to be a SAW III, and yes, we will do our best not to f*ck it up. We’re going to try for next year, but if it’s not right when we’d have to start shooting, we’ll wait.
2) There are NO CONFIRMED cast members for SAW III yet.
3) There is no director confirmed yet.
4) The title is not S3W. That’s ridiculous. It reminds me of when everyone thought the title of SAW II was SAW II: HACKSAW.
Let us catch our breath, and then we’ll keep you posted on the next installment.
Gregg"
For a lot more sequel-chatting, head on over to the House of Jigsaw website and be careful not to touch anything. Those guys like to set some really nasty traps.