Well, it's official. After referring to the latest Bond movie as Bond 22 for what seemed like forever, BBC News reports that producers of the 22nd installment of the Bond franchise say the official title will be...wait for it...Quantum of Solace. To be honest, my first reaction was -- huh? Then, however, I found out that the title was taken from a collection of short stories published by Bond creator Ian Fleming back in 1960, so I guess it has some retro charm in spite of the fact that it sounds kind of awkward; don't you think? (Once again, Daniel Craig might have been messing with us all, just a little, with hints that "007" was the official title.)

The announcement came during a press conference at the new Pinewood Studios, where the film has begun shooting. Journalists were shown some clips of Bond swinging out of an explosion of an art gallery in Italy, as well as a meeting between Bond (Daniel Craig) and M (Judi Dench) in a snowy locale.

It was only a couple of weeks ago that they finally announced their new Bond Girl, Olga Kurylenko. So sure, the production has taken it's time assembling the cast around Daniel Craig; but now that it is all said and done, they have managed to put together a pretty interesting ensemble. There are some familiar faces from Casino Royale returning -- Giancarlo Giannini as Mathis and Jeffrey Wright as Felix Leiter. Plus, there are also some first-timers to the Bond franchise including critically acclaimed French actor Mathieu Amalric as our bad guy and Gemma Arterton as MI6 Agent Fields. We've gotten a couple of images from the film, but so far, most of the details about the story are still being kept under lock and key. So, if you can't wait for November 7th when Quantum of Solace hits theaters, stay tuned for any updates that come our way.

UPDATE: After the jump, you will find the film's synopsis, courtesy of Columbia Pictures. Read at your own risk!

Synopsis Below

QUANTUM OF SOLACE continues the high octane adventures of James Bond (DANIEL CRAIG) in CASINO ROYALE.

Betrayed by Vesper, the woman he loved, 007 fights the urge to make his latest mission personal. Pursuing his determination to uncover the truth, Bond and M (JUDI DENCH) interrogate Mr White (JESPER CHRISTENSEN) who reveals the organisation which blackmailed Vesper is far more complex and dangerous than anyone had imagined.

Forensic intelligence links an Mi6 traitor to a bank account in Haiti where a case of mistaken identity introduces Bond to the beautiful but feisty Camille (OLGA KURYLENKO), a woman who has her own vendetta. Camille leads Bond straight to Dominic Greene (MATHIEU AMALRIC), a ruthless business man and major force within the mysterious organisation.

On a mission that leads him to Austria, Italy and South America, Bond discovers that Greene, conspiring to take total control of one of the world's most important natural resources, is forging a deal with the exiled General Medrano (JOAQUIN COSIO). Using his associates in the organisation, and manipulating his powerful contacts within the CIA and the British government, Greene promises to overthrow the existing regime in a Latin American country, giving the General control of the country in exchange for a seemingly barren piece of land.

In a minefield of treachery, murder and deceit, Bond allies with old friends in a battle to uncover the truth. As he gets closer to finding the man responsible for the betrayal of Vesper, 007 must keep one step ahead of the CIA, the terrorists and even M, to unravel Greene's sinister plan and stop his organisation.