Good news and bad news for fans of the Pumpkinhead series.  The good news is that both Pumpkinhead 3 and 4 are going into production.  The bad thing is (for fans of R-rated horror, as opposed to PG-13) that its slated to premeire on the SciFi Channel - Pumpkinhead 3 in October 2006, the other a year later.  I can hear the forgotten television actors' phones ringing right now.  Lance Henriksen will be back... as a ghost?  Here's the news as it was broken by Mr. Simpson over at Fangoria...

After many years and innumerable rumors, Fango can exclusively reveal that Pumpkinhead 3 is currently preparing to lens in Romania, with hot British director Jake (Evil Aliens) West calling the shots. Ironically, his schedule on the new film means that he will have to miss the UK theatrical release of Evil Aliens on March 10. Pumpkinhead 3 is being made back-to-back with a fourth entry in the series, although West is only directing the first of the two films; we’ll announce the name of the Pumpkinhead 4 director later this week. Original Pumpkinhead star Lance Henriksen will appear as a ghost (!) in both sequels, which are being produced by Motion Picture Corporation of America (responsible for Pumpkinhead 2 as well as Riding the Bullet) and are already slated to debut on the Sci Fi Channel—the first in October 2006, the second a year later. Hellraiser/Dracula/Prophecy sequels FX vet Gary J. Tunnicliffe will create the new vengeance demon. See Fango #253 (on sale April 18) for a chat with West.