First, let me say: Warner Bros. SUCKS. Here’s why:
"Looks like hopes of seeing this third "Conan" on adventure have been dashed. IGN FilmForce reports that John Milius, Arnold Schwarzenegger, Larry and Andy Wachowski and Warner Brothers have all been given the shaft from working on the project in pretty much any capacity. Seems that Conan Properties Inc., the company that owns the Conan character, has decided not to allow Warners or the Wachowski's to renew their option on the film rights - an option that's apparently about to expire. The company is allegedly upset with how long the project was taking to develop, whilst the Wachowski's ongoing commitment to finishing "The Matrix" sequels meant it wouldn't have advanced any faster. However the project isn't entirely dead, CP Inc. wants to develop "a kinder, gentler Conan" which'll use "The Scorpion King" as a template (ie. they want a PG-13 family safe adventure). For now though, everything we know or have learned about the third Conan has been rendered void by this decision."
A "kinder, gentler" Conan? Egads! And folks, the script Millius had penned for this flick was AWESOME. Plenty of battle scenes, beheadings and other goodies. This is sad news, indeed.