No, not the Totoro toy that appeared in Toy Story 3. That Totoro is different. This Totoro is the new feature film to be directed by Pixar's John Lasseter ... yeah, it's an April Fool's gag sprung by the folks over at Japan Cinema but it's a pretty good one. I'd quite like to see Totoro on the big screen again some way or another though obviously it'd be very tough for anyone to follow in the footsteps of the original.
If Pixar ever only just thinks of doing Totoro, I'm hijacking a plane anf I'll fly right into their headquarters.
Lassiter has too much respect for Miyazaki to even try...
True.
It's still an awesome joke though, and well executed. I can see who some who know a little about both studios (but not a lot!) might fall for it.