It is time to let Paranormal Activity join the Blair Witch in the land of the well-hyped but forgotten films, but of couse Paramount can’t resist the urge to cash-in on its success by releasing a sequel.

Meanwhile Platinum Dunes producer Brad Fuller is probably already in negotiations for the rights to the remake, and Bloody Disgusting has been paid off the declare it the “Best and Scariest Sequel of the Decade!” (Right after Brad Miska mails in his quote claiming that Elm Street is the best film of 2010 of course.)

But the biggest question on some people’s minds is who is going to direct this pile of shit, now that Kevin Greutert, has been sent back crying and screaming to direct Saw VII by Lionsgate’s lawyers.

The L.A. Times has a list of unfortunate candidates; Brian De Palma, Brad Anderson (Transsiberian), Greg McLean (Wolf Creek), and even Oscar-winner Akiva Goldsman’s name has been tossed around.

I feel sorry for whoever gets stuck filming the sequel to this one-hit-wonder, and can’t wait until it just goes away like the Blair Witch and its ill-fated sequel Book of Shadows.