[Tread carefully; here be possible spoilers]. There are one or two reasons why we're surprised to be reporting that Micah Sloat may be returning for Paranormal Activity 2. And yet here he is, talking to MTV. "We have money now, but we're staying true to the heart of the movie, to the spirit of it, to the vision." What's all this "we"?
That definitely indicates involvement, although of course, he isn't necessarily the star. There are any number of possibilities for Sloat appearing: we could be talking a prequel, but we're thinking it's more likely that he'll appear in flashbacks, or in scenes of new characters watching his recorded footage, perhaps of the so-far-unseen variety. No mention yet of Katie Featherston.
Details of the project are still very firmly under wraps and Sloat mischievously grins that he "knows a lot" but can't say anything. He does insist however that "it's really cool, it's gonna be really interesting and it's not gonna suck, which most horror sequels do. This is gonna be good." Obviously he's not going to stand on a red carpet and call it useless, especially if he's involved, but that enthusiasm and the recently revealed shortlist of directors suggest that maybe, just maybe, this isn't a project to be cynical about after all.