At the Mountains of Madness a go?

Please please please let this be true.  It makes my black, black heart so happy.
http://www.deadline.com/2010/07/guillermo-del-toro-and-james-cameron-ready-to-climb-at-the-mountains-of-madness-together-at-universal/?_r=true
and
http://www.brutalashell.com/2010/07/at-last-guillermo-del-toros-at-the-mountains-of-madness/