In a recent interview for Blogzarro Lucy said the following about the prospects of a Xena movie:

Are there plans for any more Xena projects?

I don't know. My husband would love to do one. He's been making movies for the last two years and he never really liked making movies, never enjoyed the process too much. He loves television. When he was doing the show it was him at his most creative. He is really the momentum behind the show. You've just got to get some people to come on board to play with you. I wouldn't count it out just yet.

So, you wouldn't mind playing Xena again?

There has been enough time now where I wouldn't mind revisiting that if we could tell a really gnarly story.