Well, it looks as if I was mistaken - I think perhaps it ISN'T going to be a modern version after all.
This is what I read today.
So they are still going to set it in 1912 but they are going to make it less "stagey" and use more outside London locations for filming and bring a bit of gritty realism to it.
It won't be anything like the Audrey Hepburn film but it might be quite interesting after all.
I feel better about it now.