They're remaking Clash of the Titans, the 1981 movie with Harry Hamlin shirtless and the Kraken. Steve Norrington will direct. He perpetrated the League of Extraordinary Gentlemen movie. Excuse me: LXG.
I believe writer Chris Roberson said it best at his Interminable Ramble: "I have fond memories of Clash of the Titans, not least because it was the first flick I saw on cable when I was eleven or twelve and it featured some nice glimpses of nudity, but I'm well aware of its shortcomings. But still, why remake a Harryhausen movie?"
Was it not Ammon himself, as portrayed by the wise Burgess Meredith, who said, "Yer gonna eat lightnin' and crap thunder!"
Or perhaps he said, "Ah dear, the young. Why do they never listen? When will they ever learn?"
And why remake the last Ray Harryhausen stop-motiony movie? If you must remake something, start with Valley of . . . sigh. I can't do it. I like Valley of Gwangi, too.
So until we see something that tells us different, we should all sit here and behold our krakens.