Rambo 4 just opened last weekend and already Sylvester Stallone – who’ll be 62 in July – is talking about doing a fifth Rambo movie. But given that it debuted at #2 in box office receipts last weekend, I’m not surprised. There’s obviously still a market for his brand of justice. (Apparently Rambo 4 has a new record for most screen deaths: 236. He also wrote, directed and produced this one.)

The man is still fit and studio execs want to do this project before Stallone is too old to cope. He’s also currently attached (acting, directing, producing) to Notorious, a TV movie scheduled to air March 9th. (Though I suppose it might depend on the current strike.) For 2009, he’s writing, directing and producing Poe, about the influential and troubled legendary American writer Edgar Allen Poe.

You heard that right folks. Rambo 4 is the first one in the series to be directed by Sylvester Stallone himself. It actually has several alternate titles, but it’s officially called simpy Rambo for now. It’s set in Thailand, and John Rambo and a group of mercenaries are looking for missing Christian aid workers.

The story is written by Sly, with characters developed by David Morell. The only other cast member whose name I recognize is Julie Benz, who has been in CSI, CSI: Miami, Supernatural, Law & Order, Coupling (American version) and many others. (You might recognize Matthew Marsden, Graham McTavish, Jake La Botz.) Sly will also be on a 2008 TV movie Notorious.

Release date for Rambo is Jan 25th, 2008. Restricted.