To be truthful I didn't get much out of what Larry said about the movie, other than "Universal is still backing it". There doesn't seem to be any real movement since the announcement that Universal was interested. No screen play, not even writers hired, and I didn't hear about any other real progress either, just a lot of "it's going great!" "big people at Universal are committed" and the like. I walked away with "there is still hope, Universal hasn't killed it yet". Not a lot to inspire great confidence.
However, the game seems to be coming along much better from what I could gather. I didn't really pay much attention to that part of it because I'm not a gamer and could care less, but at least they got some big name game producer working on it.

NaCl(like my dad used to say when he didn't want to say no "we'll see" )H2O