Believe it or not, it has almost been 20 years since 'Wayne's World 2' came out. (That little piece of info just makes our bones creak.) A long time, yes, but it's never too late to reunite with old friends, which is why we're absolutely delighted to hear that Mike Myers is working on a 'Wayne's World 3' with the lovable public access hosts from Illinois.

Not only that, but Myers has apparently finished the first draft of the screenplay! Find out what it's about after the break. Shhwiiing!

UPDATE: Entertainment Weekly tells First Showing that the 'Wayne's World 3' news is a hoax and sadly not true...

According to Entertainment Weekly (via JoBlo), 'Wayne's World 3' will find "Wayne and Garth coping with the new era of music, transitioning from access cable to streaming internet (ala YouTube) and Wayne balancing his marriage to Cassandra."

You know what that means? Tia Carrerre revival!

Times have obviously changed a lot since the early '90s, but something tells us that the boys haven't moved on from their love of Alice Cooper, street hockey and mullets.  Unfortunately we don't know when this new 'Wayne's World 3' flick will descend from the heavens, so we might have to wait just a bit longer. (There's also that rumored 'Austin Powers 4' movie taking up Myers' attention.)

What would you like to see in this 'Wayne's World 3' movie? What do you think of the plot? Let us know what you think in the comments!


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