This news has me more excited than the time I thought Ed McMahon and Dick Clark were on my porch (turned out to be encyclopedia salesmen). Hugo Weaving (Elrond) WILL be in the Matrix sequel! Agent Smith rides again!
From: Pieman
I was watching Access Hollywood today, and Keanu Reaves was being interviewed, and mentioned that Hugo Weaving is in the upcoming movie, Matrix 2, so looks like he coming back!