I only knew of the Pendragon version of the story, I wasn't aware that Crusie and Spielberg were interested in doing one too.

I for one think the story would work best if set today, just like the George Pal version and the 80's TV show.

I've been waiting a few years to see the Pendragon version made and at this point I don't care who does it first, I just want it to be good.