For years there have been rumors about a 2nd Star Tours film, since the first one debuted actually. One of the things touted about the ride system was that you could swap out the movie and create a whole new ride.
For awhile now there has been fairly reliable rumors that an update is in the works. LaughingPlace.com is now saying we could get an announcement this fall with the new film/ride debuting sometime next year.
LaughingPlace.com doesn't normally talk about rumors and gossip so one hopes that their source could be quite reliable. Also Soarin is supposed to get updated as part of the California Adventure redo.
Of course, what the fans really want to know is...Will there be snowglobes?