Straight from the mouth of James Cameron:
"Tom does want to do the picture," Cameron said of Cruise's continued interest. "I don't think we have a deal with him yet, but we're hoping to get that closed soon. Guillermo is madly working on a new draft of the script," he added. "Hopefully we'll be shooting by June or July."
Click here for more...
(Thanks to moviesblog.mtv.com)