Shyamalan will not write this movie. He'll be directing a script from Gary Whitta who wrote The Book of Eli. Not that this fact guarantees anything. I'm positive Shyamalan isn't above making significant changes to a screenplay if he sees fit, and even if he films the thing word for word, there's always the possibility that he'll direct Smith to act like he just took a bunch of downers, which is my best explanation for Zooey Deschanel's performance in The Happening.
Also, it's possible I'd be even less optimistic had I actually seen The Last Airbender.
But even in some of his worst films, Shyamalan has a great visual sense (that shot in The Happening where the camera follows the gun from one person to the next as they kill themselves is a knock-out.) and with the right actors, he often teases out great, understated performances (see: Unbreakable). If the script's right, I think he could still make a very good movie. Thoughts?
[via Moviefone]