Ivan Reitman Directing 'Ghostbusters 3'?

There hasn't been much to report on the Ghostbusters 3 front ever since the project was first announced earlier this past summer, with the original cast returning to meet a new crop of up-and-coming Ghostbusters in a sort of ghost training storyline. There were rumors that Judd Apatow and his crew would be involved -- that we might see folks like Jonah Hill or Michael Cera as the new Ghostbusters, though nothing has or will be confirmed until the script -- from Office and Year One scribes Gene Stupnitsky and Lee Eisenberg -- is at that stage where it's ready to go. Sources claim they've turned in a draft, though there's no word on whether it still needs some additional work.

That being said, Bloody Disgusting is reporting that Ivan Reitman -- long rumored to be possibly directing the third installment after helming the first two -- is indeed attached to step behind the camera one more time, though he's not sure if he wants to do it yet. They also claim that the story begins when the men re-open their ghost removal facility after it's been closed for several years.

So what do you think? Will this still work all these years later?