Update: Looks like according to the rights holders. This isn't to say it will never happen, but that those saying it would really had no right to.
After pulling in over 23 million dollars since it came out, it's no surprise that Texas Chainsaw is getting a sequel. What is surprising is that the way has been paved for up to seven sequels. That brings to mind the franchise-within-a-franchise Stab from the Scream series, which was delightfully lampooned in Scream 4.
If nothing else, the film (which I reviewed last week) had two big things going for it. Those big things were lead actress Alexandria Daddario's (huh-huh, double-d) breasts. Seriously, they were huge, even by slasher movie standards. Sure, the gore was good and Dan Yeagar's Leatherface was impressive, but my God, man, those breasts.
In all seriousness though, the Chainsaw franchise has always been about family. Like I said in my review, I would be pumped to see them pick up where the first one left off. I don't want to say more at the risk of spoiling it for those of you who haven't seen it yet, but there are some really interesting places they can go. Hopefully someone with something a little more impressive than Takers under their belt will be able to deliver the goods.