Cruise not Iron Man looking definite
During French promotions of Collateral, Tom Cruise mentioned that he
would collaborate again with Director Michael Mann ("Heat") on a film
project about the famed WW2 Battle of Britain. Filming is aiming to
begin sometime before 2006, right after Cruise finishes his commitments
to "The War of the Worlds" and "Mission: Impossible 3".
Doesn't look like there's any room in there for Iron Man, so you folks
that didn't want Cruise in the role can do your happy dance now.
Source: Dark Horizons
Just for the record I thought Tom would have made a great Tony Stark.