The remake of The Secret Life of Walter Mitty, a 1947 film in which a “writer/perpetual daydreamer spends all of his time pretending that he’s an action hero until, one day, he actually finds himself in the middle of a real life scenario where he’ll be able to turn those dreams into reality,” has long been in development hell—it’s bounced from names like Sacha Baron Cohen to Gore Verbinski—but it looks like Ben Stiller is set to remake and star the film.

According to /Film, Stiller apparently came across a script by Steve Conrad (The Pursuit of Happyness),  and “wants to make it his next starring vehicle.”

“Conrad’s script is radically different from a version that had been circling around Hollywood for sometime that everyone kind of liked, but couldn’t fully commit to. They say that names such as Jim Carrey, Mike Myers, Owen Wilson and Will Ferrell were interested in starring at one point and that Steven Spielberg and Ron Howard also considered it, in addition to Cohen and Verbinski who are mentioned above.”

And now that the highly bankable Stiller is signing on, 20th Century Fox “will reportedly begin to fast track this as another one of his PG-rated, high concept family pictures in the mold of Night at the Museum which, along with its sequel, grossed just under $1 billion worldwide.”  Oh.  Good.

What do you think of the Walter Mitty remake news?