I saw X-men III on Friday after work with a buddy, it was pretty good. The last battle was a definite superhero movie battle. It dug a little too deep into the X-men mythos for me, I lost it about half way through. I did stay after the credits, that was neat.
As for the Wolverine movie, read below for my take on it. Yeah SPOILER WARNING you ninnies.
DO NOT BE AFRAID. I AM NOW TAPPING INTO MY FORMER COMIC BOOK GEEK SELF, THIS IS NOT A MALL NINJA REBIRTH.
If they do a Wolverine movie, they're going to have to remove him from the Marvel universe. Going by the comics, he's met everyone from Captain America to the Thing from the Fantastic Four. He just doesn't remember. As for the movie itself, it's going to need to touch on a couple things.
The comics already revealed Wolverines origins. How he got his powers, how he became Wolverine with the metal etc. A lot of blank spots though. What I know, which is pretty much nil compared to real hardcore comics fans, is that Wolverine had two really big events in his life time. First, he was part of a government force called Team X, gun toting mutants going after terrorist mutants, and the Weapon X project.
The Team X events took place before he got the adamantium bonded to his bones, he was part of a team that consisted of Sabretooth from the US, some mutant from Germany, and Wolverine from Canada. Creed (Sabretooth), Logan (Wolverine), and whatever the German mutant was. I think that Creed was the leader, and that they went up against some really bad people, including Omega Red, the USSR's version of the Weapon X program. Just for the action packed sequences, I'd like to see this explored in more than a flashback.
One of the best comics I've ever read, Weapon X, is my favorite "Logan" comic book. I've never been a big fan of Wolverine, but I've always been a big fan of Logan, the guy behind the mask. Weapon X shows how Logan became Wolverine. A great graphic novel. Logan overcomes the beast inside him. Just a real neat story. We saw a little bit of that in the first and second X-men movies.
If they don't bring back Sabretooth, I'd be surprised. I used to really be into the X-men comics, grew up on them actually, I think my first ones were the "Brood", ALIENS like creatures that took over all of the X-men. Anyway, I'm guessing that the two stories above is what they'll pull from.