Pixar Developing Monsters, Inc. 2?

It's funny how the tides change so quickly. At WonderCon 2007, Brad Bird insisted that Pixar was not in the sequel business. Bird said:

"At Pixar, the bottom line is the story that you're telling. And Pixar does not look at sequels as a financial plan. We feel we have a relation ship with the audience and that they believe in each movie we put out. We believe completely in every movie we put out. If I can come up with a story that is as good or better than that first film, then I'd love to return to that world, but it would have to be story first."

After Disney acquired Pixar, Toy Story 3 was confirmed. Less than a year after Wondercon, Disney announced that the Emeryville powerhouse would be making a Cars sequel. And just last week at Comic Con, Monsters, Inc director Peter Doctor revealed to MTV that they have quietly been developing ideas for a sequel.

"We've thought about it," "Monsters, Inc." director Pete Doctor told MTV. "We've got a couple ideas."

It seems to me that Pixar is in the sequel business. And don't get me wrong, I'm not anti sequel. I'm just anti-bad sequels. And yes, most sequels are not The Dark Knight or The Godfather 2. Most sequels are made for money reasons rather than story reasons. So the question is, does the world of Monsters, Inc have enough laugh juice for a second movie? I'll tell you this: I have a lot more faith in a Monsters, Inc sequel than I do in Cars 2.