Over the past week, we’ve been watching the casting notes for the Marvel feature, The First Avenger: Captain America like a hawk. While Steve Rogers has been our main concern, the studio has been steadily working on the screenplay for The Avengers and according to a recent tweet from Joe Quesada (Marvel Comics Editor-in-Chief), the first draft has been completed.

The Avengers movie will debut in theaters on May 4, 2012 and will include Iron Man, Thor, Captain America, Black Widow, and hopefully The Incredible Hulk. Each character has enough background material to sustain a solo film, so the biggest worry is whether or not they can coexist without the movie turning into a huge mess. Thor is currently in production and Captain America is narrowing down their casting, so we shouldn’t be surprised that an Avengers script has surfaced.

Here’s the tweet that Quesada sent for all the world to see.

“Definition of ‘goose bumps.’ Pressing enter and watching a screenplay entitled “AVENGERS” come out of my printer.”

It’s good to know that there’s some type of movement on the production front, because Marvel and Paramount are doing something unprecedented on this scale. I’m pleased that a first draft is done at this point because it leaves plenty of time for revisions. With so many actors and personas there needs to be a strong story. The action can be fantastic but if the script is bad, we’re screwed.

What do you think about the timeline for The Avengers? Do you think they’re moving along too fast or too slow?