When Arnold Schwarzenegger announced he was ready to get back into the movie business following his tenure as Governator of California, no one was really expecting him to dive headfirst back into Hollywood. Cut to 2012 and the actor has already shot a substantial role in The Expendables 2, just wrapped his “comeback” starring role in The Last Stand, and is poised to team up with Sylvester Stallone for the actioner The Tomb. Oh yeah, and a Twins sequel. Just last week we learned that Schwarzenegger and Danny DeVito are planning to reprise their roles from the 1988 comedy Twins in a sequel called Triplets with Eddie Murphy playing their long-lost sibling.

We got the chance to speak with Schwarzenegger in a recent group interview and the actor talked about the idea behind Triplets, how his personal life has affected the likelihood of a sequel to True Lies, and he also had some choice words for the most recent entry in the Terminator franchise. Hit the jump to see what he had to say.

The interview was conducted before news of Triplets came out, so when asked if he’d like to do another comedy at some point in the vein of Twins, Schwarzenegger brought up the idea of a sequel:

“Yeah, if the story is good, I would love to do another Twins. As a matter of fact, we’ve been talking about doing one and it’s called Triplets. I’d find somebody like Eddie Murphy or someone [laughs] that people would say, ‘How does that happen, medically speaking?’ and, ‘Physically, there’s no way.’ Then somehow we would explain it. That would be hilarious with what we know about someone like him. You’ve got to find people that in, real life, people laugh about them and whatever we know about them that makes you laugh.”

Schwarzenegger went so far as to come up with a successful marketing campaign for the follow-up:

“I can see a poster, a billboard, with us three…’They found another one. Triplets. Only their mother can tell them apart.’ I would do that in two seconds, because that’s real entertainment. You come out with that movie for Christmas, like December 5th or something like that, and you’re home free, just like with the other one.”

His logic is sound, and I have no doubt that folks will line up to see the odd dynamic of Schwarzenegger, DeVito, and Murphy as siblings. The actor also touched on a sequel to True Lies, but candidly admitted that his personal life may keep that one at bay for a while:

“Or True Lies 2, with that we’ll probably have to wait a little bit because it’s more of a family kind of a movie, the family dynamic works. My personal situation doesn’t work so well right now. Until that’s settled, then we can go off and do that again, with family subjects. [laughs]”

Between breaking diving records and filming/rendering two sequels to Avatar, I think it’s safe to say James Cameron’s schedule is solidly booked for the next few years, so maybe once he’s done with aliens and oceans he’ll fancy a return to a good old fashioned action-comedy.

Finally, Schwarzenegger closed by saying he’d be open to sequels to a lot of his past works if the script is right, but he had a parting shot for McG’s Terminator: Salvation:

“[I’m open to] all those things, if it’s True Lies, Terminator, a well-made Terminator…the last one was awful. It tried hard, not that they didn’t try, the acting and everything. It missed the boat.”

Justin Lin was previously attached to direct another terminator entry with Schwarzenegger and had even sat down with Cameron to discuss the franchise, but he left the project to finish out his Fast and Furious series at Universal. Nevertheless, Terminator 5 is still in development, and it sure will be fun to see them bring Schwarzenegger back in an interesting way. In the meantime, I guess we’ll have to settle for Triplets as the next Schwarzenegger sequel on the horizon.