With Real Steel conquering the box office for a second consecutive weekend and prior success with comedic drivel like Cheaper By the Dozen and The Pink Panther, director Shawn Levy has been attached to direct a Pinocchio prequel titled The Three Misfortunes of Geppetto.

Deadline reported Friday evening that writer Michael Vukadinovich had sold a spec script for a prequel to the classic tale to 20th Century Fox and Levy’s production company 21 Laps. The script is said to be a combination of Big Fish meets The Princess Bride with the plot following Geppetto through a hard life as he tries to be with his one true love, a woman named Julia Moon.
 
This isn’t the only Pinocchio "re-imagining" in the works. Disney is currently working on a live-action version with Pushing Daisies creator Bryan Fuller writing the script while Guillermo del Toro is in production on a stop-motion version of the wooden puppet movie.
 
Does this prequel or the other two version of Pinocchio sound appealing?