As far as villains are concerned for film three, I think I’m just going to sit this one out and wait to see what the Nolan Bros. have to say on the matter of the sequel and see if there is a definitive answer to the fate of one of the characters in TDK...I would really like to see the crux of Batman: Year Two be modified to live action since elements have already proven successful with “Mask of the Phantasm,” ultimately one of the greatest Batman films ever. I still don’t believe that Bruce’s childhood sweetheart was named Rachel without a purpose in mind.
I’m a fan of “Shadow of the Bat” myself. “The Caped Crusader” sounds kind of hokey.
Dude, you're brilliant! Finally someone latches on to the Reaper for the third film. Thank you..
Secondly you've got Reaper, and I think there's great potential there. Somebody mentioned the connection to Rachel, and that could be a great tool. Reapers secret identity, Judson Caspian, could be connected to Rachel somehow. If he weren't compelled to become Reaper due to his wife being slain by a thief as were the case in the comics, perhaps Rachels death could be the motivation. He doesn't have to be her father (since his daughter's name was Rachel), anyway...long story short, he becomes Reaper so he can have vengeance for Rachel's death.
Here's where it could be interesting. Unlike Batman, Reaper gruesomely kills the crime lords and mob bosses whose lives were spared by Batman. Reaper doesn't live by Batman's one rule (as stated in TDK), he lives by vengeance. He avenges Rachel by killing those who she sought to put behind bars and rid Gotham City of and, in time, plans to avenge her by killing who he holds responsible for the circumstances that led to her death - Batman. Joker's anarchy and lack of rules made him a great villain to face Batman, and Reaper would be as well for being the dark counterpart to what Batman seeks out to do by seeking after a similar end by the opposite means.
Anyone remember Rachel telling Bruce in Begins the difference between justice and vengeance, how justice is harmony and vengeance is making yourself feel better? How interesting indeed for Batman, finally in tune with the idea that justice = harmony, now pitted against somebody fighting to avenge her to make himself feel better? It's an interesting idea, and we'd then come come full circle - Batman redeems himself to Gotham and proves once and for all that justice is about more than one man's revenge.