James Cameron confirms Avatar Sequel

According to a report (via AICN) from a very recent Q&A with James Cameron, the man himself did indeed admit: "Yes, there'll be another."

Unfortunately that's pretty much all Cameron said. The report from the Q&A is a bit vague, but they say that Cameron said "to expect the studio to want another one" and that, obviously, "a second film will be easier, as the technology now exists, thanks to the [first] movie." As in, half the reason Avatar took so long is they had to invent the technology used in it. Cameron also stated that "the plan had always been to make a trilogy of films. So there you have it, there will be another Avatar. But will James Cameron direct it?