'Bill and Ted 3' in the works confirms Alex Winter

 Alex Winter, one half of the acting duo who brought audiences Bill & Ted, the burned out SoCal saviors of time, the afterlife and rock and roll, revealed new details about the upcoming third installment in the beloved franchise.
"[Bill & Ted] will be 40-something and it's all about Bill and Ted grown up, or not grown up," Winter, who played Bill S. Preston Esq, told Yahoo News.
"It's really sweet and really [expletive] funny."
Winter stressed Bill & Ted 3 will be a true sequel that "fits very nicely into the series" and will not be treated as a reboot.
"The conceit is really funny: What if you're middle-aged, haven't really grown up and you're supposed to have saved the world and maybe, just maybe, you kinda haven't? ... [It's] answering the question: 'What happened to these guys?' They're supposed to have done all this stuff, they weren't the brightest bulbs on the tree, what happened 20 years later? To answer that question in a comedic way felt rich with possibility."
Despite decades long desire for a third Bill & Ted film, Winters said the project was lingering in the minds of the actors and filmmakers behind the franchise.
"Me and Keanu [Reeves] and [original writers] Chris [Matheson] and Ed [Solomon] are all very close and have remained close over the years ... I guess about four years ago we had an idea together that we thought was pretty great. I think it was because so much time had gone by that it was great ... Then we put a producer together and got a director [Galaxy Quest helmer Dean Parisot]. We've been working on drafts for the last couple of years. The script's been finished for a while, but comedy is so specific."
Winters added he and the film's producers are currently in the process of reworking the script one last time before the project formally launches.
When fans last left Bill and Ted, their fictional space-time supergroup Wyld Stallyns just returned from finally mastering their interments to cover Argent's 1973 single 'God Gave Rock 'n Roll to You.' The performance -- actually recorded by KISS for the 1991 film -- won Bill and Ted the San Dimas Battle of the Bands, thus setting into motion a series of events that ushered in a new era of world peace, international harmony and space exploration.