According to Showbiz 411...
Director Barry Sonnenfeld tells me that "Men in Black 3-D" is ready to roll. Will Smith has signed on, Tommy Lee Jones is in, and a script is awaited...Yes. I did say 3D. "Men in Black 3″ will be in 3D. Sonnenfeld says it is so. Why not? Everything else is, and this is one movie that might be cool in the process...Nevertheless, you can bet Sony is juiced to get this puppy moving since "Spider Man 4″ fell apart. They are in desperate need of a blockbuster for next Memorial Day May 2011. And "Men in Black" is like money in the bank.
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