GOOD MORNING and congrats, Emmy winners: “Wayne’s World II” is set to go at Par. And among those happy to hear the news is Rob Lowe, who had a percentage deal on the original and is paged for the sequel. “I never thought it would do $ 120 million (domestic),” admits Lowe. Who did? “I wanted to do something commercial. Now I can do something with long-term merit.” And he hopes this one is: a BBC version of “Suddenly Last Summer” (in the Montgomery Clift role), with Maggie Smith and Natasha Richardson. Richard Eyre of the Royal National Theater directs. They’ll rehearse three weeks, then film at Shepperton. Lowe, who played “A Little Hotel on the Side” last year on B’way, is also pleased by an invitation to join the Actors’ Studio. “Thanks to ‘Wayne’s World,’ I don’t have to accept things that aren’t meaningful. And it’s not the size of the role that’s meaningful.” Lowe’s signed with William Morris and Brillstein-Grey management. Also signed with Brillstein-Grey are Carol Burnett, readying a new series, and Kid ‘N Play, headed for an action series Recording star Chris Isaak wins the role of “Little Buddha’s” father in Bernardo Bertolucci’s $ 40 million epic, to film in Nepal. Robin Wright’s been offered the co-starring role as his wife “Murphy Brown” gets a British nanny–Millicent Martin Cliff Robertson signed for his ninth year with AT&T. That’s long distance.THE L.A. RIOTS KO’d the planned May 1 CTG gala 25th-anni party, but the pickup, last Thursday p.m. at the BevHilton, was a happy occasion–and the celebration netted the Group $ 400,000 More than 50 reps–including Pulitzer winner Robert Schenkkan and “Kentucky Cycle” cast members–from performances at the Taper and the Ahmanson took spotlighted bows about the International Ballroom as intro’d by Frank Langella. He recalled he bowed in the first play, “Devils,” which almost emptied the Taper opening night. Among those walkouts, said Langella, were then-Gov. Ronald Reagan and wife Nancy. Protests and pickets followed. Langella also played another controversial play, “Les Liaisons Dangereuses,” at the Ahmanson. “I guess I’m the Madonna of the Music Center,” he said. “If you left (the Taper) 25 years ago, thanks for coming back,” he told the black-tie’d audience of supporters and contributors Lew Wasserman (intro’d by Norman Lear), founding prez of the CTG, was the evening’s honorary chair, Nancy Olson honorary vice chair. Buffy Chandler, “Mrs. C.,” was thanked for her inspiration and determination to get the Music Center built. Otis Chandler, appearing for his 91-year-old mother, said she was “doing quite well.” Kirk and Anne Douglas teamed on intros and kudos, which included the Ahmanson family. Bob Fryer, formerly of the Ahmanson, also took a deserved bow “The Showstoppers,” Obba Babatunde, Dorian Harewood, Andrea Marcovicci and B.D. Wong, alumni of CTG shows, took terrif musical turns in a skit, urging Carol Burnett to join ‘em. “I’m shy!” she shouted Everyone took turns giving thanks and congrats to Gordon Davidson, who was presented with a sculpture by Robert Graham, there with wife Anjelica Huston. Davidson in turn thanked all the artists who made the 25 years possible–including those no longer there because of AIDS. He told the audience of patrons and supporters, “You’ve allowed me a rare gift–to make a living in the theater.” He promised to continue a theater in L.A., where ‘ ‘white is just one of many colors of the palette of society. The theater deals in values–like family values,” he noted. Among those also on hand were Veronique and Gregory Peck, and Gloria and Jimmy Stewart Langella had arrived from the WB set of “Dave ,” in which he co-stars with Kevin Kline and Sigourney Weaver for director Ivan Reitman in the story of a double taking over the presidency. Langella had earlier completed “Body of Evidence” with Madonna, “Fortitude” for Showtime and “1492″ for Ridley Scott and Par. He’s paged by Jimmy Nederlander and Robert L. Young to reprise his B’way hit (1977) in “Dracula,” and he’s also talking to play “Booth” (the father of Edwin Booth), by Austin Pendleton. It’s a busy time for Langella. THE HARRY TRUMAN legiter, “Give ‘Em Hell Harry,” will be directed by Mel Johnson at the Tiffany Oct. 1, with Jason Alexander starring “You are no Harry Truman,” Margaret Truman’s retort to George Bush’s convention claim, could well be one of the clips in a 10-minute reel Norman Lear’s readying of some of the GOP Convention speakers’ insulting remarks Gerald McRaney, whose GOPolitix are well known, presents the Scott Newman Drug Abuse Prevention Award to — “Murphy Brown” tomorrow night at the Four Seasons. McRaney goes out this week to campaign for Bush during his “Major Dad” hiatus Elizabeth Guber, Fried/Woods senior VP, is from Coral Gables, where her mother, Susan, is state legislator representing most of the worst-hit hurricane communities. Susan has started a South Florida Relief Fund here. AT&T has already donated $ 1 million, Blockbuster Video $ 100,000, and Susan is approaching studios and nets for corporate donations and/or to set up employee contribution funds. She can be reached at (310) 280-4390 Monday Night Jazz starts tonight at the Columbia Bar & Grill.