I was going to put this in "Alric should be the bad guy..." But I had so much to say, i put it in its own thread.
I'm thinking that if Myth 3 did come around, that something like what Ghandof said should happen, only instead of the Ghol/Dorf war(tho that would be cool.) I'm thinking more along the lines of the Fir'Bolg/Bre'Unor war. Something like how the Bre'Unor god finally gets enough sacrifices and starts to kick some Fir'Bolg butt, Just like the 'Unor said. Only the Bre'Unor god didn't count on the armies of the west and the zerks to come and help the Fir'Bolg out.
Although, It would be nice to stick with the Leveller storyline and learn something extra on him. See if he posseses Alric, or if he's not sure on what to do because Of Soulblghters forcing the cycle. See if the world started to fall apart. See if the Head survived another hundred years(and find out who that little guy is. Of course, we've kinda run out of powerful wizards to do anything with, discounting Alric (who's old) and the head (who's powerless and decapitated.)
More to come later: LONG LIVE NONTOXIC!!!!
P.S. It'll always be Nontoxic to me.