Ladies and gentlemen, we are getting a sequel to what is easily the greatest Christmas movie ever made, A Christmas Story. However...it's a straight to DVD release.

Here's the official story from Slashfilm.com:

What do you get for the kid who has everything, including a Red Ryder BB Gun? Either a car, or a copy of A Christmas Story 2 on Blu-ray. Yes, whether you like it or not, a sequel to the seminal 1983 film about a young boy named Ralphie (Peter Billingsley) who pines for the aforementioned piece of hardware during the holiday season is coming to a store near you.

Directed by Brian Levant, this movie follows Ralphie years later as he once again decides he has a big ticket item for the Christmas list: a 1938 Hupmobile Skyline Convertible. Braeden Lemasters plays the lead, Daniel Stern is the dad, Stacey Travis is mom and Valin Shinyei is the brother, Randie. The direct to Blu-ray and DVD film hits on October 30.

Their story also points out that though this film is the first movie called A Christmas Story 2, it’s not the first film to follow the further adventures of Ralphie and the fam. A 1988 film called Ollie Hopnoodle’s Haven of Bliss followed the family, with no returning members of the cast, then in 1994 It Runs in the Family did the same thing. Though each had some recognizable faces, neither made any kind of dent.

Until we see a trailer, I won't say anything but I'm not liking the idea of this either way. But, you know what, this would be a perfect subject for a My Take On... and I will do that once we see a trailer for this.