Freddy Returning for a New Nightmare?

A source inside New Line has revealed that plans for Freddy vs. Jason 2 are off, as is the A Nightmare on Elm Street prequel. The source says that Freddy is gearing up to return in a new Nightmare on Elm Street installment but doesn't reveal any more than that. I loved the Nightmare on Elm Street series (well most of them) and would love to see another installment or a remake. [via]