Got a copy of Wizard (it kept my wife's little brothers quiet) and it had some upcoming movie news, thought I'd share it.

Ant-Man
It's got a script by Edgar Wright (Shaun of the Dead). It's in a second draft at Marvel Studios under screenwriter Joe Cornish. Wright is slated to direct.

The Avengers
In development at Marvel, awaiting both the Captain America & Iron Man films, and will probably be written by Zak Penn (X-Men: The Last Stand, the Incredible Hulk, etc)

Captain America
Screenwriter David Self (Road to Perdition) is scripting, with Jared Hess (Nacho Libre) as the possible director. Slated for 2009

Castlevania
Under development with Paul W.S. Anderson (2nd & 3rd Resident Evil films) writing and directing.

The Flash
In planning/pre-production with a script by Writer/Director David Goyer. Ryan Reynolds (Van Wilder, Waiting) is interested in starring as Wally West

G.I. Joe
It's in development with Lorenzo Di Bonaventura (Constantine, Doom, Transformers) as one of the producers. He mentioned the idea that Cobra as a group may not happen because it's "too cartoony" but we may see Cobra as a single person.

Hellboy 2
Guillermo Del Toro is writing and directing, with production supposedly beginning in April 2007. Expected to be out by June 2008

Incredible Hulk
Screenplay by Zak Penn (Elektra, X-Men 3) and directed by Louis Leterrier. It's expected to release on June 27, 2008 and to be much closer to the comic.

Iron Man
Jon Favreau directs, and Robert Downey Jr. stars as Iron Man. The Mandarin has been announced as the main villain

Luke Cage
John Singleton (Boyz N The Hood) is attached to direct, with Tyrese Gibson as the frontrunner to be the Hero for Hire. Ben Ramsey (The Big Hit) wrote a first draft, with Mark Steven Johnson (Daredevil, Ghost Rider) rumored to be on the second draft.

Magneto
Avi Arad and Lauren Shuler Donner are producing with Sheldon Turner (Texas Chainsaw Massacre: The Beginning) working on a script.

Shazam!
Peter Segal (Longest Yard, Tommy Boy) is set to direct, with a script by William Goldman (Butch Cassidy..., Princess Bride) and Bryan Goluboff (Basketball Diaries) as screenwriters.

Street Fighter
That's right, there's another Street Fighter movie in the works. It's rumored to be about Chun-Li, and Justin Marks (Unbroken) is adapting it.

Sub-Mariner
In development at Marvel, with Jonathan Mostow (Terminator 3) set to direct, and possibly write.

Tekken
It's a possibilty. Charles Stone III (Mr. 3000) is attached to adapt the film

Wanted
Based on Mark Millar's comic, Timur Bekmambetov (Night Watch) is attached to direct, with James McAvoy (Narnia) and Morgan Freeman attached.

Will Eisner's The Spirit
Frank Miller is writing and directing. Based more on the earlier version of the character.

Wolverine
The Script is completed from David Benioff (Troy). Jackman's producing, and there will be no Lady Deathstrike.

Voltron
Justin Marks (Unbroken) has finished a script. no director yet.

Y: The Last Man
Jeff Vintar (I, Robot) is writing, with Goyer listed as a producer

Wonder Woman
Joss Whedon's attached as Writer/Director. It's an origin story, apparently.

Horseshit. Cobra is a international terrorist group. We all know stuff like that is just wayyyyy too cartoony.

I'll admit stuff like Zartan, Destro and all the other Cobra flunkies ARE "too cartoony" (especially Dr. Mindbender). But if you go by Larry Hama's version of Cobra Commander, the character's background is one of the most realistic (and thus, scary) back-stories to any TV or comic villain. Disgruntled used car salesman starts an AMWAY- type of pyramid scam, then begins seeding it with political overtures. He feeds on the disillusioned, unemployed and illegal aliens... pretty soon he has his own terrorist squad.

There was alot of early stuff that "nobody knew what he looked like". The government would try to track him, but he'd disappear or have plastic surgery. He was also tied to "stirring up and financing unrest in the Middle East and other trouble spots". Basically, he was like Bin Laden, but born in America.

Poisoning US currency with a deadly virus-- sounds like an al Qaeda scheme, but Cobra was trying it in 1983. Plus, their most dastardly of deeds-- they were repsonsible for producing mindless sitcoms! Don't get me started on the Crimson Guard branch. At its core, Cobra is the most believable bunch of cartoon bad guys.

I also picked up that Wizard magazine. It looks as if there is a lot to be excited about in the next few years.

I second that. But I have no faith in Di Bonaventura when it comes to things like "real vs. cartoony."

For instance: Alien robots that can transform into cars isn't too cartoony, but them changing size is.

While I enjoy these rumors, we should note that not all of these will ever see the light of day. There was an old "comics to movies/TV" site (I think it was efavata.com) that listed over 300 adaptations, circa 2002. I guess "in development" is such a vague term that it can range from putting on the final touches to simply thinking about making the movie. For instance, a Black Panther movie has been "in development" for about 10 years now.

Finally, a Castlevania movie... I'm sure they'll fuck it up, though, like almost every other video game turned into a movie.

Yeah, I question the futures of those video game based movie projects.

Also speculated was Bloodrayne 2. I'm not sure what they're smoking.

In Development means they're talking over how they're going to do it. It's followed by scripting, then Pre-production, then production, then post-production.

And it's very true that everything in Development isn't a guarantee. Some films even get to pre-production and still don't make it. Most of the times, though, a film that's made it to pre-production will make it.

I'll add that a lot of these may not make it, but many of the Marvel titles are under Marvel Studios, which fares better for their survival.

I'll also add that I find it interesting that DC hasn't had more properties optioned, as it would help sell comics, and therefore help Warner Bros in some way.

I count five DC properties listed up there. That's including "Will Eisner's Spirit" and "Y: The Last Man".