What Comes After 'Paranormal Activity'?

Now that Paranormal Activity has reminded us that, yes, movies can still be scary and they can still force us to sleep with the lights on, folks are wondering what Paranormal Activity director Oren Peli has in store for us next. Well, since the faux do-it-yourself camerawork thing worked very well for his last film, Variety tells us that Peli will do something similar with his next film -- only instead of a ghost story inside a house, this time he'll be telling an other-worldly story inside Area 51.

For his second film, Peli has upgraded to a budget of $5 million (up considerably from his Paranormal Acticity budget of $11,000), while the same producers are returning for a movie that will utilize the familiar "found footage" narrative structure and follow three teens who, curious, take a little trip to Area 51 to see what all goes on there. Now I'm not sure how on earth these kids will manage to get themselves into Area 51 since the place is swarming with guards, but I'll leave that up to Peli to figure out.
Meanwhile, those of you who haven't been lucky enough to receive Paranormal Activity at your local theater can now head over to the official site and demand it play in your neck of the woods. Paramount has promised that if they can get one million people to demand it, the studio will open the film nationwide (as of this writing they're a little over 376,000). In the meantime, this weekend the film will open in Boston, Charlotte, Cincinnati, Cleveland, El Paso, Hampton Roads, Indianapolis, Kansas City, Pittsburgh, Portland, Salt Lake City and Toronto.
Do you think this Area 51 plot is a good follow-up for Paranormal Activity? What would you like to see next from this director?
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