Gnomeo and Juliet News

[Thanks to Angela for commenting on the original as well.  I had this one flagged to post but she beat me to it!]

http://www.getthebigpicture.net/blog/2008/8/20/james-mcavoy-and-emily-blunt-lend-voices-to-gnomeo-and-julie.html

We have to go all the way back to April 2006 to find reference to Gnomeo and Juliet, Elton John's animated feature that takes place in a world of "tacky garden gnomes."  Apparently the project is alive and well, as The Hollywood Reporter has news of James McAvoy and Emily Blunt in negotiations to do the voices.

I'm not as keen on this project now that my kids have already seen an animated Romeo and Juliet.  If they already know the plot and the characters, but not the original text or the real ending, what can animated gnomes bring to the table?  Anybody think that Mercutio-gnome buys it in act 3?