You all know that I think Iron Man was awesome, it could have used one or two more action pieces but it was still awesome nevertheless.  Anyway ever since it came out there was word rambling around the net and everywhere that it wasn’t sure whether or not Jon Favreau would have the opportunity to direct the second Iron Man as well.  Well i get word from themovieblog today that apparently it is going to happen and he is most likely going to helm the project:

“It’s not officially announced yet, but I’m told that Marvel Studios and Iron Man director Jon Favreau have reached a deal for him to helm the sequel, due out in 2010. (Robert Downey Jr had a sequel clause in his contract so he’s on board.) Marvel Studios boss David Maisel was quick to put out a “definitely” richer offer to Favreau, but not quick enough for Jon — who used the Internet and other media to rile up the movie’s many fans by spreading nonsense that Marvel was dragging its feet and then lowballing him.”

I never really doubted the fact that they wouldn’t have Jon direct the second one.  He did a damn good job with the first and Iron Man by surprise rocked the box office and set the bar for all upcoming comic book movies sans TDK.  So this is good news if and when it officially comes to fruition and i’m excited to see what they can do with IM2.