Excellent!

Fire up the phone booth...it appears that Bill and Ted are ready for another adventure. From movieline.com:

Apparently, 20 years isn’t too long to wait before making a sequel. Two decades after the last Bill & Ted movie hit theaters, Keanu Reeves has announced that franchise writers Chris Matheson and Ed Solomon are feverishly working on a script, the details of which the actor shared on Monday afternoon.

The actor sat down with MTV to promote his indie film Henry’s Crime and assured the outlet that the third Bill & Ted installment is very much underway — in spite of the fact that the titular characters, played by Alex Winter and Reeves, would be 50 today.

“I know a little bit,” Reeves revealed about the plot. “When we last got together, part of it was that Bill and Ted were supposed to have written the song that saved the world, and it hasn’t happened. […] So they’ve now become kind of possessed by trying to do that. Then there’s an element of time and they have to go back.”

So yes, the Wyld Stallyns may reunite onscreen one more time to achieve the greatness that George Carlin’s Rufus predicted in the 1989 original film. Party on, dudes.