On Friday night at 7pm, after most fanboys had already fulfilled their quotient of nerdgasms and geek-freakouts, Peter Jackson and James Cameron appeared together at a panel hosted by Entertainment Weekly entitled "The Visionaries." Rather than just talking about their current projects, however, the two iconic filmmakers offered a sort of State of the Cinematic Union, addressing problems and challenges they face, even as they addressed a few rumors about what their respective futures hold.

The most important of their observations and revelations: