For those of you who have never watched Bill and Ted's Excellent Adventure or Bill and Ted's Bogus Journey I urge you to go out and rent them, I am sure it will only cost $1 for both. Some cities even have them showing in the theater according to IMDB. There was even a short lived animated show voiced by the same actors, called Bill and Ted's Excellent Adventures, which was made between the first and second movies (some of these episodes are available to view on IMDB).
While not thought provoking, I love these movies because they are funny and mindless 80's movies, but also include jokes that you would appreciate if you know your history. Sometimes a good laugh is all you really want and need.
According to what I have read, the third movie will continue the story of Bill (Alex Winter) and Ted (Keanu Reeves).Their band is supposed to hit it big and write a song that will save the world according to the first two movies. Apparently they have not done this since the end of the 2nd movie, which was released in 1991 and are desperate to live up to their destiny. Apparently in following suit with the first two films their will be some element of time travel or perhaps another journey with the Grim Reaper, in order to fulfill this quest.
The obvious glitch to the third installment will be the absence of Rufus (the late George Carlin), unless of course the character is re-cast, in that case the actor has some large shoes to fill.
Until they release some more information regarding the project one can only speculate as to what is in store for us. So while waiting for that remember "Be excellent to each other!"