Vulture writes: "Reinflate your beach volleyballs, don your aviators, and apply some Coppertone to your shaven chests, lads, for the sequel to Top Gun is nigh! Vulture has learned that Paramount Pictures has made offers to both producer Jerry Bruckheimer and director Tony Scott to follow up their action classic, and has a missile lock on Oscar-winning screenwriter Christopher McQuarrie (The Usual Suspects) to update the script, one in which Tom Cruise’s Maverick would play a smaller role."
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Nekki has announced that the forthcoming gun fu game, SPINE, will receive a movie adaptation to expand the franchise.
Other articles I've read on the web suggests that the son of the 6th richest man in the world has some ties with the studios and is pushing for this film to be made (even if he has to fund most of it himself).
I think it would be interesting, but there's just no need for a Top Gun 2. By all means make a fun and exciting fighter pilot movie, but why would it have to have anything to do with the first film? Especially since Cruise won't be the main character, what's the point of re-visiting the franchise?