Talks of a Men in Black III have been showing up quite a bit as of late, and the project has been gaining a lot of momentum. Last we heard, the star that could make or break a third flick, Will Smith, was choosing between returning to his alien-chasing suit and shades and a much less-visible family movie called The City That Sailed set up at his production studio.

Nothing is official yet and this could change tomorrow, but if you’re to believe franchise director Barry Sonnenfeld, who spoke to Showbiz 411‘s Roger Friedman recently, not only is Smith coming back for this trilogy-maker, but he’s actually already signed on! Sonnenfeld also shared that another huge question mark, Tommy Lee Jones, is ready to come back as well.

Now, this is pretty exciting if you’re like me and want to see what they do with this movie. Even the fact that they want to go 3D with it doesn’t bother me at all; I actually think it could be one of those movies where the technology adds a fun element and isn’t just there to make money.

The only problem is that we’ve heard stuff like this before and then it goes in another direction or one of the actors says “I haven’t been contacted about anything yet, but I’m sure it’d be fun!” just to mess with people’s brains. Hopefully Sonnenfeld is speaking the truth and this thing is going to get going soon.

If Men in Black III does happen, it looks like it will be soon (maybe by next Summer). According to the report, Sony is looking for a bounce-back from that whole Spider-Man 4 disaster and this would be some guaranteed box office success.