Causing some excitement yesterday was the news that Maguire's people were talking to the producers of Guillermo Del Toro's The Hobbit about possibly getting the actor to play the lead role of Bilbo Baggins.  Sadly, Maguire has shot down that rumor.  Speaking to Heat Vision, Maguire said:

"I have not met with del Toro. We don't have any near future plans.  I don't know if something got misconstrued or miscommunicated but the source was not accurate at all."

Maguire believed the rumor of James McAvoy's getting cast as Bilbo so he didn't even consider the role.  However, the actor says he would love to have a part in the film, but he hasn't read a script or talked to anyone about it at this point.  But hey, at least the ball is rolling!