A new Battlestar Galactica Movie?

Bryan Singer is set to make a Battlestar Galactica movie that's a re-imagining of the 1970's series.

Oh, Gods. Tell me it aint so!

(Source)

So after an amazing four years of the re-imagined series on SciFi, we get to watch another re-imagined attempt at the theater?

I feel so cheated right now. I seriously hope this is a joke.

Here's the Internet Movie Database page for the movie - it's currently blank.