At CinemaCon today Pixar revealed the title to the new MONSTERS INC. film, coming next year - MONSTERS UNIVERSITY. As has been speculated, the film will be a prequel with Sully (John Goodman) and Mike Wazowski (Billy Crystal) reprising their roles as they meet in college. Rumor has it that Randall (Steve Buscemi) will return as well.
Considering that the end of the original film seemed a pretty definitive ending to the story, it was probably a good idea that Pixar dive back into the film's past for this one, Pixar's first prequel. Obviously this could suffer the same problem that all prequels suffer from - no tension with the characters because we know what happens to them later. Still, it's not as if Pixar would kill any of these characters off, so that likely won't make a difference.
I like MONSTERS INC. quite a bit - it's not my favorite in the Pixar catalog, but it earns its sentiment and the world of the film is remarkably well done and thought out. Hope the prequel will catch that lightning in a bottle one more time.