Will Ferrell Announces 'Anchorman 2': Will It Work?

Conan O'Brien and Andy Richter had a surprise guest on the set of "Conan" last night, and not only did he come all the way up from San Diego, but he also apparently traveled forward in time by 40 or so years.

Yes, Ron Burgundy himself (who is, of course, Will Ferrell's character from "Anchorman") showed up on "Conan" to play a little jazz flute with the band and give Conan some constructive criticism on his appearance. But Ron/Will had an announcement to make, too: there will be an "Anchorman 2."

The sequel to "Anchorman" is now confirmed by the man himself! We're also pretty sure, via Deadline, that castmates Steve Carell, Paul Rudd and David Koechner are also already set to return (which makes sense, considering they're pretty integral to the movie). No word yet on how big a role Christina Applegate will play, what with her "Up All Night" responsibilities, but assuming the movie starts shooting in the summer, she should have some time. We can only hope that Wes Mantooth (Vince Vaughn) will make an appearance as well, in addition to the other hilarious supporting actors from the original.

This begs the question, though: will the movie be any good? Ferrell and Adam McKay struck gold with "Anchorman," and the cult success and quotability of that movie hasn't been matched by any of their later endeavors. "Talladega Nights: The Ballad of Ricky Bobby" was a good effort, but things spiraled down from there with "Blades of Glory" and "Semi-Pro." There was a bit of a recovery with "Step Brothers," but even that isn't close to the genius of "Anchorman."

This will also be the first time that Ferrell reprises a character for a second movie, so there's no way of knowing if that's good for the comedic creative process, or bad.

Nonetheless, I place my faith in Ferrell and McKay on this one, purely based on the fact that if you get Carell, Ferrell, Rudd and Koechner in a room together, something hilarious is bound to happen.

Watch Will Ferrell announce "Anchorman 2" as Ron Burgundy below: