Possible Prequel
Wain has suggested that there may be a prequel to Wet Hot American Summer. The movie would be set earlier in that same summer, and part of the joke would be that the cast, who were ten years too old to be playing their parts, would now be playing younger versions of those same roles, but this time be 20 years too old. The movie would star the same cast from the original. Paul Rudd, as a guest on The Daily Show with Jon Stewart on February 23rd 2012 mentioned that there were indeed talks about a possible prequel and that it was currently being written.
Wain has confirmed a sequel, with all of the original cast returning.
Read more about this topic: Wet Hot American Summer