Considering all the crappy franchises out there, of course it's a fan-made trailer that offers the one sequel we wouldn't mind seeing. "ET-X" splices footage of Drew Barrymore and Henry Thomas in different films with some amazing CGI of an older, wiser-looking ET, who is back to save the earth from evil aliens. Cameos from the Jonas Brothers, Morgan Freeman and David Morse ensue, along with hijinks, naturally.
I would sacrifice every Michael Bay film slated for the next ten years in order to get this movie produced. Anyone else in?