I'm really curious how Frederator will mimic the style of CN Studios, though I have complete faith in them to get the job done.
So, how does this whole deal work? Obviously CN wasn't interested in continuing the series, but with another animation studio footing the bill for a movie, perhaps they thought "Eh, couldn't hurt." I'm no expert on how animation companies work, but is that a reasonable assumption?
Whatever the case, nothing is quite as satisfying as a unfinished story having an opportunity to come to a close. Awesomeness.