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Villain announced for 'Spider-Man 3'

Via CNN we find out who will be playing the  Villain in  'Spider-Man 3':

Thomas Haden Church, who was nominated for an Academy Award for best supporting actor in "Sideways," has been cast as Spidey's new archenemy in the next chapter of the "Spider-Man" franchise.

Of course, they are keeping the really interesting part secret, what villian he will be playing.  My money is on Sandman.