Oh, Floyd Norman. In the past, the Disney Legend has often posted Pixar-related news on Twitter that has not officially been announced by Disney and Pixar. In the past few days, we have heard more about the Monsters, Inc. 2 crew from Norman than we have over the past few years from Disney/Pixar. The film is one of two Pixar films due to be released in 2012, and according to the Disney animator it will be led by a new Pixar director.
UPDATE (4/1/11): It has been confirmed that Dan Scanlon will be directing the film.