The Color of money was a sequel to 'The Hustler' although it could have been done better.
I agree (and would go spend the money to see) the third installment. The trouble is: now Fast Eddie is gone, and Vince is 'the master' who would be taking a kid on the road. Doesn't sound like a good story line to me, but I could whip up a screenplay in a couple hours to that effect...
Also, I agree with the appreciation on the Balabushka- it could be higher. Right now we are in a depression, and the cue values are reflected in that. The 'flippers' are not getting what they once did, and have to sell a bit lower to keep things moving.
I am also glad they used a 'real' cue maker for the movie, rather than make one up, but wish they used a 'real' Balabushka (or even better would have been to use what Fast Eddie had used in the first movie- not sure what that was exactly and it would have tied them together much better) or at least a better copy than that Joss East. I know Dan could make something that looked more like a traditional Balabushka and also reflected the appearance of the cue used in 'the Hustler' to keep things tidy.
Part of the driver for using (well, SAYING it was) a 'Balabushka' is it has a nice sound to it. I think they could have said it was a Szamboti too, but I don't think Gus was making cues when 'The Hustler' was released, and since Fast Eddie hung up his cue at the end of the movie, he would have had to have had it at the time of the movie, and not obtained it later. Frank Paradise would have been a good alternate, and (slightly off topic) I think his cues are currently way undervalued... More likely it was a Brunswick cue that Eddie used. (I also liked the case Eddie had in The Hustler, which I think was an A. E. Schmidt case which I learned here on AZ:wink.
Yor observation are correct, but they do not need NEWMAN, or Cruise to pick up the story line, or start something New and Exciting. All they need is a Good Script, Good Budget, and last GREAT ACTORS to do the NEW MOVIE.
Robert Duvall, and many other great actors draw people to the movies daily. If you got a Good Script, Good Budget, you will draw the best Hollywood has to offer!