Well, take this for what it's worth, but apparently the He-Man and the Masters of the Universe revival project, long rumored to be killed, is NOT so dead after all. It seems that Kung-Fu Panda director John Stevenson made a legendary picth for the film, and nabbed it.
Seeing as Stevenson's credits are primarily in animation, I would expect the new He-Man project to be a kind of feature length CGI film, similar to last year's TMNT. Now, that film was "okay," and this project would surely will be the impetus the Mattel toy company would embrace to re-launch a campaign of "He-Hype," but still, a CGI film is not going to generate the kind of mania that a proper live action feature film potentially could. If anyone remembers correctly, we already got a rather short-lived animated revival of MOTU back in 2002 (which was pretty damn good, actually), after which Mattel jumped the gun on creating merchandise that would end up in clearance bins rather unceremoniously. (Due to poor support from the series' short life and lack of network promotion.) So don't look for 1983 to happen all over again, just yet.
Oh...and one word: Skunkor.