Though obviously any amazing story could fall apart in the wrong hands, the fact that Guillermo del Toro is in talks to direct this one is incredibly exciting. Really, I can't think of a single person who would be more appropriate to take the helm than del Toro - based on his recent work, the man is a genius of atmosphere, and has a real gift for making virtually anything seem possible within the world of his films. This is truly awesome news.
The only problem with the pending deal, however, is that it could end up delaying both Halo and Hellboy 2 even further. So, I'm guessing you gamers and fanboys are not really sharing my glee, huh?