Yes, Brett Ratner, director of X-Men: The Last Stand, is doing a sword-and-sandal movie about Hercules, which is slated for release on July 25, 2014. The film begins shooting any day now, with Dwayne "The Rock" Johnson playing Herc. Be very, very afraid.
Actually, the Hercules film, based on a graphic novel called Hercules: The Thracian Wars, sounds like an awesome bit of cheese, and possibly the perfect outlet for Ratner's talents. It's a "dark" version of Herc, in which he's completed his twelve labors and now he's turned his back on the Gods. He's working as a mercenary, alongside six other hard-bitten Greek dudes, and they go around fighting for money in various wars. Until they realize how far they've fallen, and they get a chance for redemption.
The good news is, the supporting cast is pretty good — Rufus Sewell, Ian McShane, Joseph Fiennes, John Hurt. A bunch of British thesps happily grabbing a paycheck in a cheesy mytho-barbarian movie. It will probably be at least as good as the second Clash of the Titans movie, and possibly even as good as Immortals.
The thing that gives me hope for Ratner's Hercules is that, even though everyone involved keeps saying it's not a campy reinvention of Hercules — it's a gritty, realistic, hard-bitten take that's close to the mythic source material — you know that it's going to be campy as hell. There will be silly banter, there will be CG armies, and there will be Dwayne scowling at the screen until approximately 27 minutes before the end, when he decides to be a hero once more. Actually, I think I just talked myself into being excited about this film.
More details over at Deadline.