MTV caught up with Jon Favreau, the director of Iron Man based on the Marvel Comics superhero. He gave some insight about the upcoming film, which is yet to start filming and is expected to be released in theatres in 2008.

Favreau says he has started a MySpace group to discuss the movie with fan, and welcomes the input.

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He says the acting roles have not been cast, and that he would rather spend millions on the quality of the film, rather than paying a well-known star to play the lead.

Favreau gave the following quotes about the film:

"It's the first movie Marvel is self-financing," he said of a new deal that frees the makers of the Spider-Man and X-Men movies from studio control. "We're set to come out in the summer of '08, and we'll start shooting in January."

"We're gonna have it take place in the present day, but there will be an origin story that has the old, gray Iron Man suit; eventually it will progress into more of the modern look," Favreau said. "That's the fun of doing the first one."

"The alcoholism doesn't come into play until later on in the story of Iron Man," he said. "[The comic] started off in the '60s, where it was about him as a successful manufacturer who developed this suit. Then, later, it spins off into that story about him fighting against himself. I think we're going to lay the groundwork for it, but the first one's going to explore him taking on this alter ego of Iron Man, and developing the suit, and what happens politically within the Stark Corporation."

Mentioning an eventual "Iron Man 2," Favreau said that actor playing Tony Stark for his franchise is unlikely to be a major star (Tom Cruise was briefly attached to the role years ago). Instead, the director hopes to announce his discovery of a relative unknown from the Brandon Routh (Superman Returns) mold later this year.

Favreau says that Tony Stark's struggles with alcoholism, bankruptcy and even homelessness will likely be explored in sequels.

MTV adds that Iron Man was created in 1963 as an anti-communist hero, originally played off national defense concerns and technological advancement themes of that period. The hero's alter ego is (with the exception of occasional fill-ins) Tony Stark, an American industrialist billionaire living out a Bruce Wayne-type life of privilege. His virtually impenetrable armor allows him to soar through the air, possess superhuman strength and unleash everything from repulsor beams to magnetic fields and holograms. Iron Man's suit has constantly changed with the times, a technological evolution Favreau is making plans to portray.

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