During theIron Man 2 panel at Comic Con, one fan asked Jon Favreau whether he'd be directing The Avengers. Good news for fans out there is that Favs definitely wants to be involved in some capacity, and though he hasn't had any discussions with Marvel yet, he has been keen to what they've been doing for Thor and he said that stuff looks pretty spectacular. Towards the end of his answer, Favs noted that his work on Iron Man 2 will be over and done with by the time anything for The Avengers begins, and so perhaps that was his way of telling fans he's interested in the gig.
For more on the Iron Man 2 panel, read Cinematical's coverage here. Check out video from Comic Con after the jump, along with Favreau's Avengers answer.