Masters of the Universe gets a director

Progress with a Masters of the Universe film...
According to The Schmoes' Phantom scooper, Jeff Wadlow has signed on to direct Sony's planned reboot of Masters Of The Universe. That's signed, sealed, delivered -- they reckon it's only a matter of time before this one hits the trades. Wadlow had been lined up by Fox to direct their X-Force movie, but obviously that doesn't look good if he's chosen to bring He-Man, Fisto, Ram-Man, and the rest of the slightly pornographically monikered heroes to the big screen. Previous versions of scripts have veered away from the original cartoon quite a bit, but we have no idea what type of story Terry Rossio (Pirates of the Caribbean, The Lone Ranger) is currently working on. What do you think of this? Would you have preferred if Wadlow had stuck with X-Force? Is a Masters Of The Universe movie even a good idea in your opinion?
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