It will be much better than the disastrous Ring remake because they've woken up and hired Nakata to direct, following in the footsteps of the recent Grudge remake. (All credit to Takashi to be able to direct the same film for a third time and still make it work!)

As for Rasen (the Spiral), it was originally shown back-to-back with Ringu in Japanese cinemas. Ringu 2 was made because audiences loved Ringu and hated Rasen - personally, i didn't mind it and it expalins Sadako's story in a different way to the later prequel Ringu 0: Basudei. Following the recent success of Ringu and Jap remakes in general, look out for Ring 0 after Ring 2 as Ringu 0 is already a part of the Japanese series :D

Also watch out for "Dark Water" (trailer) coming to a cinema near you soon, another Nakata film (Japanese title Honogurai mizu no soko kara - some mouthful!) which, unfortunately, will not be directed by the man himself.
:confused:

~dracesc~