I was midway through replying to in Ants fluid thread and realised I was about to spam / rant and go totally off topic - so I started this one!
They are remaking the Poseidon Adventure?!?!? WTF! Hollywood has definately run out of ideas!

What's the story here? It seems like there have been no original ideas since... well, since the Matrix.
As far as I can tell this is all the result of various mergers of media companies in recent years - the offshoot of these mergers is that they recieve the rights to all the back catalogue films that have sat around gathering dust. Since the newly merged outfits retain these rights remakes cost a heck of a lot less than developing new ideas, writing scripts from scratch etc.
I think this one will come from Warner Bros, now a subsiduary of AOL Times Warner, (whos loses have broken corporate records running into 100's billions of dollars) So it's no wonder they are trying to cash in on risk free projects (Incidentaly they'll be using the lots made for Perfect Storm to save more cash) And churning out crap that was, well, crap even back then! (lets face it, the Poseidon Adventure is not a good film, it is a classic sure - but only because it has 'kitsch' value, we remember it from childhood)
I can just imagine the meeting:-
[the Ideas Man] "Hey boss we have this great idea for a film..."
[the Money Man] "Yeah?"
[IM] "Yeah... it's about a ship you see... and um... well, it sinks"
[MM]"It just sinks?" *Starts thinking about the billion dollar turnover from the Titanic*
[IM]"Yeah but get this *Dramatic pause* it takes a lot longer for it to sink than, say... the Titanic
[MM]"Shoot I'm listening!" *calculates the sinking time to dollar ratio equation*
[IM]"And even better than that is that we know the public love the idea before we even begin shooting because the networks have aired the original film thousands of times since it was first made"
[MM]"Dang! That's great! Here's $150 million"
Not only this, but the Poseidon Adventure is also due to be made into a mini series!! (from another company admittedly) Where they'll be dragging out dried up 80's actors (like Steve Guttenburg!) plonking them on the ship and making then the victims of a terrorist attack... somebody please shoot me now!
Meh! I for one will be boycotting this film on principle - no matter how nice the eyecandy is (and lets face it, this film will just be eyecandy)
Anyways... thanks for listening to my rant, it doesn't happen too often (I'll get off my soapbox now and have my second morning coffee, it may calm me down)