In a two-part piece with Ain’t It Cool News, Will Ferrell gives updates on where things stand with Land of the Lost, Old School Dos, Elf 2 and A Confederacy of Dunces. Basically, the School and Elf sequels - particularly the latter one - and Dunces appear to be dead. As for Lost, Ferrell notes that the project will be PG-13, although toeing close to R-rated territory.