The movie will be officially the fourth installment of the American Pie series with the original being released in 1999, American Pie 2 in 2002 and then American Pie the Wedding released in 2005. The series has released a string of straight to DVD movies the first of which was Band Camp, the DVD series has been very lucrative and kept original cast member Eugene Levy, the magic of the originals and their casts has not been repeated.
Warner are also in talks at the moment with other original cast members Thomas Ian Nicholas, Tara Reid, Chris Klein, Mena Suvari and Jennifer Coolidge for them to return also and plan to speak with band geek Alyson Hannigan and bombshell Shannon Elizabeth about reprising their roles.
I pretty much gave up watching American Pie: Band Camp after about 45 minutes and have not seen any of the other straight to DVD releases. I love the original series they are all great but for me the scene in American Wedding where Stifler showcases his dance moves has to be one of the best.
American Pie 4: American Reunion will no doubt be a big box office movie and hopefully be as entertaining as the original series, it is due to be released in 2012 and is being written and directed by Harold and Kumar Get The Munchies John Hurwitz and Hayden Schlossberg.