As you may have heard already, there will be a third installment in the popular franchise that started with "Meet the Parents" in 2000 and continued with "Meet the Fockers" in 2004.

Although we haven't heard or read that much about the project for a while now, Universal is apparently fast-tracking the sequel.

At least that's what Steven Zeitchik is reporting at Risky Biz Blog. He writes Universal has hired John Hamburg to write the screenplay. Larry Stuckey wrote an early draft.

Hamburg also worked on the previous "Focker" flicks, and he also directed the dreadful "Along Came Polly. His next flick, "I Love You, Man," will open March 20, 2009.

Zeitchik also reports Jay Roach, who helmed the first two films, will not return to direct. Apparently, he will focus on "Dinner for Schmucks" instead.

Believe it or not, but Universal is apparently looking at directors such as Paul Weitz, David Wain and Peyton Reed. Last but not least, Ben Stiller, Robert De Niro and Owen Wilson are expected to star in the film.

Now, I'm curious to find out: are you ready for some "Little Fockers"? Or do you think this is probably the worst idea ever? Sound off below!