Yes, it is official..they are actually making it. I lost the link to the most recent story, but you caqn google it if you so desire. The planned release date is currently November 17, 2006. Steven Spielberg will be directing and Dreamworks will be heading up production. There is not a signed cast/disclosed cast yet, but the movie is currently in pre-production.. TF's will all be CG'd in of course. There is no word as to whether a PG or PG-13 rating is planned, but I suspect it will be PG-13 given the TF history and the target audience of 20-35 yr old males. I hope they don't screw it up.. here's to hoping it turns out ok.