Yep. I just found out about it and thought I'd break the news to all my fellow Pixar fans (who are probably less "obsessed" than I am). I didn't actually think they would make a sequel because the original Monsters Inc. seemed pretty complete, but here's my proof: Here and Here.
The only bad part is that I have to wait until Nov. 16, 2012. But, I'm sure it will be worth it!
I hope they are true to the original. Because it's a serious contender for the slot of my favorite pixar movie of all time. I still have extremely fond memories of seeing it at the gateway with my family when it came out.
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