Jon Favreau is off Iron Man 3

After a few rumors Jon Favreau has confirmed he will not be returning to the director chair for Iron Man 3.

Although the news is a bit of a surprise it shouldn't have been unexpected. Jon Favreau has said he doesn't like sequels and the Avengers movie wouldn't be a good idea.

Iron Man 2 was said to be rushed which wasn't in Favreau's plans and with Iron Man 3 being pushed back to accommodate the Avengers it must have been too much for the actor/director to handle.

At the moment Iron Man 3 "should" still be on the cards as Robert Downey Jr is still signed for it but depending on the Avengers success anything thing could happen to throw another spanner in the works

It's true, I'm directing Magic Kingdom, not Iron Man 3. I've had a great run with Marvel and wish them the best.