Hollywood Ink: Naomi Watts to be Daniel Craig's Dream Neighbor

· Naomi Watts has joined the cast of Dream House, in which Daniel Craig also will star as a man whose family moves into a home where the previous residents were slaughtered. Watts is set to play Craig's neighbor, who'll no doubt supply the film's crucial disclosure about the late family, probably while nervously shouting her explanation for leaving a salutory welcome casserole on the sidewalk in front of the house instead of bringing it to the door. [THR]

James Marsden hops back to work, sorting out the biggest flops of the last five years, and more Hollywood Ink after the jump.

· James Marsden is aboard the live-action/animation hybrid I Hop, co-starring Russell Brand as the voice of the Easter Bunny. Marsden will portray an unemployed slacker who must take care of the Bunny after accidentally injuring him. The director of Alvin and the Chipmunks is set for behind the camera. [THR]

· Forbes Magazine has developed a formula for calculating the worst studio flops of the last five years, which resulted in the ignominious No. 1 bomb All the King's Men, Grindhouse, The Express, two Eddie Murphy films (Imagine That and Meet Dave) and The Fountain are among the others listed. Congrats! [Forbes via THR]

· Grindhouse's floppiness isn't getting in the way of co-director Robert Rodriguez's on-the-shelf spinoff Machete, the distribution rights to which Fox picked up over the weekend after outbidding Lionsgate, Sony and frequent Rodriguez patron (and first-look partner) The Weinstein Company. The Weinsteins' excuse? "We saw the footage and it's not very good at all," said one TWC "insider." Oh, please. That's what Harvey's scissors are for. [THR]

· Everyone knows the world needed a vampire-themed adaptation of Tom Stoppard's play Rosencrantz and Guildestern are Dead. And thus Indican Pictures has bought the rights to the revisionist comedy Rosencrantz and Guildestern are Undead, which premiered at last year's Slamdance Film Festival and will open in limited markets April 16. [Variety]