To sing or not to sing? The answer to this question will tell us if we can expect to see Baz Luhrmann's version of 'The Great Gatsby' anytime soon.

The director's name first started circling the F. Scott Fitzgerald adaptation back in December of 2008, but the news didn't go any farther, the green light dimming as the months passed. But it turns out that Luhrmann hasn't forgot about Gatsby's romance, and is now trying to decide whether it's the right project to jump into next. He told MTV that he's considering two New York-based projects -- a musical and the Fitzgerald classic -- and will decide which is the "next right step" for his career.

Though it sounds like it could go either way, there's added rumors to suggest that Luhrmann might be leaning towards 'Gatsby' -- casting possibilities boasting the likes of Leonardo DiCaprio, Tobey Maguire and Amanda Seyfried.

Naturally, casting rumors should always be taken with a grain of salt, but one has to wonder if it's a little more likely when it comes from Production Weekly's Twitter feed. According to their recent tweet, rumors have cast DiCaprio as the iconic Jay Gatsby, Maguire as narrator Nick Carraway, and Seyfried as Daisy Buchanan, the object of Gatsby's affection. Since Baz is still developing the feature, this could be nothing more than a wish list, a list of stars Luhrmann hopes can handle the long-established characters.

The novel details Carraway's experiences in West Egg, a community on Long Island Sound. Living across from distant cousin Daisy and her husband, Tom, he explores the worlds of old and new wealth as he finds himself at the middle of a sea of romantic turmoil. Daisy and Jay, his neighbor, have a romantic past, while Tom has no qualms introducing Nick to his mistress Myrtle (married to garage owner George Wilson) and their love-nest.

The first cinematic version kicked off back in 1926, with Oscar-winner Warner Baxter as Jay Gatsby and William Powell (Nick from 'The Thin Man' series) as the revenge-eager George. Though there was a television movie a decade ago, Gatsby and Daisy's exploits haven't entertained theaters since 1974, when Francis Ford Coppola wrote an adaptation that starred Robert Redford as Gatsby, Mia Farrow as Daisy, and Sam Waterston as Nick.

And now we have a possible mixture of DiCaprio, Maguire and Seyfried. Are they the right mix? Do you have any better ideas? Maybe rising star Zoe Kazan as Daisy? Tom Hardy as Gatsby? Joseph Gordon-Levitt as Nick? Weigh in below.
CATEGORIES Movies, Cinematical