It is being reported today by a variety of media outlets that Disney is planning to go ahead and make a second sequel to Toy Story, without Pixar. Apparently, Disney is setting up its own digital animation facility to create the movie, which it owns the rights to.
I can only imagine the profanity Mr. Jobs is spewing right now, as he has long wanted to retain control of the Pixar characters. I suppose I agree that it makes business sense for Disney to do this, as digital animation is the future, and they might as well make their first movie something almost guaranteed to be successful. They are in a kind of slump, and could in effect finance their new studio using the proceeds from this movie. On the other hand, this probably means there is absolutely no chance of Disney and Pixar working together in the future.
And I dunno about you, but I have never thought of Toy Story, or Monsters, Inc., or Finding Nemo as Disney movies. I have always considered them Pixar movies. I don’t think I like the idea of a Toy Story movie being made by a company other than Pixar.
MasterMaq's Blog 
i think of finding nemo as a disney movie, but only because it’s got talking animals….it’s like a 21st century version of mickey mouse stuff.
I totally agree with you Mack! Actually, knowing that Toy Story 3 won’t be made by Pixar scares me! I certainly hope Disney lives up to the accomplished talents of PIXAR!
The plot so far sounds like a rip off of the Toy Story 2 plot only Woody leads the gang to save Buzz. We saw that in the second movie. I love this series but I definately do not have high expectations for the 3rd installment. The director for Toy Story 3 (according to IMDB.com) has directed such "great" Disney titles as
The Lion King 1 1/2
The Hunchback of Notre Dame II
Mickey’s Once Upon a Christmas (1999) (V) (segment "Donald’s Christmas Nightmare")
Pocahontas II: Journey to a New World
All of which ruined my appeal to those series. So if history repeats itself Toy story 3 will flop. i only hope the replacement for Eisner can stop the crap he started and save the once great animation studio Disney.