What ever happened to the Power of the Dark Crystal movie?

According to IMDb, it's still in pre-production.

More here:
http://www.imdb.com/title/tt0460907/

I found this on the IMDb message board:

TUESDAY, FEBRUARY 3, 2009

Dark Crystal Sequel Update

From: The Muppet Newsflash

Back in 2005 The Jim Henson Company announced plans to produce "Power of the Dark Crystal," a sequel to Jim Henson's classic 1982 film "The Dark Crystal". Since the initial announcement, fans have been clamoring for any news regarding the development and status of this highly-anticipated production. The film has had its share of pre-production setbacks that have nonetheless slowed the process of producing this ambitious film; however I have been reassured that the company remains as committed as ever to bringing the project to the screen.

The project has undergone several reworkings and overhauls and is finally preparing to move out of pre-production. The film's epic screenplay was recently rewritten by screenwriter Craig Pearce ("Moulin Rouge!", "Romeo + Juliet"), and producer Lisa Henson says that the film now has a "really great script."

The Jim Henson Company is now partnering with Australian production company Omnilab Media to produce their "Dark Crystal" sequel. Henson previously partnered with Omnilab to produce the television series "Farscape" from 1999-2003. The Jim Henson Company is preparing to unveil some more concrete announcements very soon, so a lot more information should be rolling out in the not so distant future.

The movie is not expected to hit theaters until 2011 (so fans still have some waiting to do), however I've been told that things are on track and continuing to move along. I will be sure to keep you updated as more information is released regarding this highly-anticipated feature film.

http://powerofthedarkcrystal.blogspot.com/