As IO9 and Variety and others are already reporting, Universal Studios has announced that they will be rebooting Battlestar Galactica FOR A THIRD TIME. Taking a page from the JJ Abrams/Paramount playbook, BSG will be become a big screen franchise that will share a premise and character - but not continuity or actors - with the previous versions.
Ok, it's not what I would have done, but it's not a bad idea. Since the big cultural touchstone here is wandering in the desert for 40 years during the exodus, it could actually really lend itself to an open-ended movie franchise. Give us a new film every 3 years, phase out old characters as they age, phase in new ones. They probably won't do it that way, but it could rock.
Interestingly, while Glen Larson is still listed as executive producer, Ronald D. Moore is not involved in any way. So that's a step in the 'not suck' direction.
Kevin Long is a well-reviewed Science Fiction author, who has written three full-length anthologies, and has a fourth one coming out any week now. He used to blog under the name “Republibot 3.0,” but now that his stalker is dead, and he can afford to be less paranoid, he uses his real name. His personal website is here and his Smashwords page here. Or, if you prefer Amazon, his books are here, here, and here. Check out his site, and buy one of his books. He’s got a wife and kids to support!