From Hollywood.com Staff
Apparently things are going well for The Avengers and Iron Man 3, at least according to Jon Favreau and Robert Downey Jr., but I'd imagine if anyone is able to speak on the subject it is those two. Speaking at the LA Times' Hero Complex Festival, RDJ surprised the audience during a Q and A with Favreau. They reminisced about making Iron Man and Iron Man 2, but then also go into the future with RDJ updating us on The Avengers and what is in store for Iron Man 3. Needless to say, if they're happy, I'm happy.
Source: Geek Tyrant