Will Glen A. Larson and Universal take Battlestar Galactica back to its roots?

Battlestar Galactica's original home, Universal Studios, and Battlestar's original creator, Glen A. Larson, are currently negotiating something interesting and unexpected: an all-new, Larson-written-and-produced Battlestar Galactica movie, completely disconnected from the Ronald Moore/Sci-Fi Channel series. It's unclear what form this might take: a remake of the original series? A continuation? What is clear is that die-hard fans of the 1978 series might soon have a chance to revisit the Battlestar universe once inhabited by Dirk Benedict, Lorne Greene, and, dare we hope... Muffit? What do think? Fact or fantasy? Brilliant move, or yet another cinematic rehash of 70s television (a la Starsky and Hutch, The Dukes of Hazzard, Charlie's Angels)? Start a thread and let us know what you think...