You would think that James Cameron would be busy with the sequel to Avatar but we thought wrong.
In reality James Cameron is working on converting Titanic to 3D for a re-release in theaters. When you ask? In April of 2012. The reason? April of 2012 marks the 100th anniversary of when the real Titanic ship sailed off in the Atlantic Ocean and later sank.
Hopefully this turns out to be a crucial and sick joke but I highly doubt it.