Gag #1: I think they saw Beowulf, said, "Man, this movie really sucks," and abandoned any plans to do their version of it. Even they have standards.
Gag #2: Wait, you mean they DIDN'T do Beowulf? With the dead, lifeless eyes, dull camera work, and almost complete lack of understanding of any of the strengths of the medium, I thought Zemeckis sub-contracted Beowulf out to them already.
:evil:
-- Ed