‘It’s A Wonderful Life’ Star — Sequel Could Be Awesome … Or Total Crap!

Exclusive 1118_Jimmy-Hawkins_gettyThe guy who played 4-year old Tommy Bailey in the classic flick “It”s a Wonderful Life” says the recently announced sequel has a chance to be great … but in the wrong hands … the movie could turn into a steaming hunk of Christmas dung.

our sources spoke with Jimmy Hawkins who says he doesn”t have any beef with the new “Wonderful” producers for attempting to revive the flick … but thinks the whole project could fall apart if the script is bad … or if the right director isn”t hired.

The now 72-year old actor says Frank Capra — the director/producer of the original — tried pitching a sequel for years when I.A.W.L. first came out in 1947 … but, at the time, studios felt making a sequel would be sacrilegious.

Jimmy confirms he”s in talks to reprise his “Tommy” role … but says discussions are still extremely preliminary because he wants to make sure it”s not just “stunt casting.”

Hawkins adds, “I wish them all the luck in the world.”