How 'bout some video games?
Think about it. Peter Jackson is interested in doing a sequel to Bad Taste. What better way then a video game. The cast could return (including Peter), Peter Jackson can produce and write the game (with Stephen Sinclair co-writing.), and viloa! You got yourself a video game and a sequel at the same time! And if sales do great, then there can be another one! Dosen't anyone think that could work?