300 sequel in the works?

If you're like me, you're probably one of those people that doesn't like when Hollywood takes a perfectly good original concept and screws with it by making a sequel. Sequels are almost automatic when it comes to successful movies, as studios feel they can capture the "lightning in a bottle" of the original at least one more time (and in same cases, two more times), when all they're doing is tarnishing the original. I have a strong feeling that is going to be the case for a sequel to 300. SOS Hollywood reports that during an interview for The Spiderwick Chronicles, producer Mark Canton made mention (in that sly, completely unobvious Hollywood way) that there is another 300 in the making. Is a new 300 a reality? Should we expect to meet you again on a press junket for that? (Another gigantic smile) Wouldn’t it be nice to do that again with Zack (Snyder). So you’re going for it, right? I just said “wouldn’t it be nice?”. But I’d love to. (and he winked). Budgets are really a problem to approve these days. (Another smile and left the room). I don't possibly see what a sequel could be about, and I don't really know if it would be all that successful. If they plan on selling the movie based on the intense violence and action of the first one, that may get some people in the seats. But I just don't think it will be any good (at least not as good as the first one), unless Frank Miller pulls something serious out of his hat. 300 in works already?