File this one either under "It's a really terrible idea" or "It's way out on the edge": According to a report at Deadline, Clint Eastwood is going to direct (and produce and most likely do the music) and Beyonce will headline a musical remake of 'A Star Is Born,' the Hollywood morality tale about an alcoholic actor on his way down who takes under his wing and nurtures a young female artist who eventually eclipses his star.

The film has been done three times before: in 1937 by William Wellman with Janet Gaynor and Fredric March; in 1954, directed by George Cukor with James Mason and Judy Garland (probably the most famous version, with Garland's rendition of 'The Man That Got Away'); and then again in 1976 with Barbra Streisand and Kris Kristofferson.

The film, being written by newcomer Will Fetters and produced by Billy Gerber, Basil Iwanyk and Jon Peters (who made the infamous third version), is set up Warner Bros., where it has been floating around for sometime, at one point with Nick Cassavetes interested in directing.

Eastwood is no stranger to music and musicals (he played the DJ and picked the music for his directorial debut, 1971's 'Play Misty for Me,' stared -- and sang -- in the forgettable 1969 'Paint Your Wagon, and directed 'Bird,' 1988, about jazz great Charlie Parker) and we can't think of a better director to handle the downbeat material than him (well, maybe Bill Condon, who directed Beyonce in 'Dreamgirls,' or Paul Thomas Anderson if he wanted to take on a musical).

Beyonce as Vicki Lester? We're not quite sure about her acting chops, but she could easily handle the musical numbers. And the male lead? No one has been cast yet, but Deadline spins out a list of possibilities, including P Diddy, Eddie Murphy, Robert Downey Jr. and Jon Hamm. And that's where this project could get really weird. Or is it just a terrible idea from the outset (though we'd pay to see what Eastwood would do with the saga).

What do you think?