The scent of a settlement is in the air for Al Pacino.

The actor and former gal-pal Beverly D'Angelo (National Lampoon's Vacation) reached an agreement Monday on their long-standing dispute over child support for their three-year-old twins.

When asked by Manhattan Family Court Magistrate David Kirshblum if they had agreed to the terms of the settlement of their own accord, both sides replied, "Yes, your honor."

No financial details of the settlement were revealed. However, on her way out of the courtroom, D'Angelo said that putting the matter to rest "feels terrific. I'm very happy."

The twins are the product of Pacino and D'Angelo's failed relationship, which began in 1997. The kids were D'Angelo's first; Pacino has an older daughter from a previous marriage. The late-in-life parents began having problems shortly after the double birth in 2001.

Last year, the ex-duo grappled over custody issues in court, after Pacino sued D'Angelo in an effort to gain more time with his young son and daughter.

That bitter dispute was eventually resolved, though again, the warring thesps kept the details to themselves.

Apart from their parental woes, both Pacino and D'Angelo are keeping themselves busy.

D'Angelo is currently providing voices for two animated features: Hair High, directed by Bill Plympton, and Firedog, directed by Scott Duthie.

She'll also appear in King of the Corner, starring Isabella Rossellini. The film is in post-production and is due out later this year.

Pacino is in the midst of filming Void Moon, opposite Diane Lane. The project is due out later this year.

Pacino is also set to star in Michael Radford's adaptation of Shakespeare's Merchant of Venice, due out in 2005. The film is currently in post-production.

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