Warner Bros. live action/CG Bugs Bunny movie

Put down your pitch forks over Yogi Bear. We may have a bigger problem.

Nikki Finke is reporting that Warner Bros has hired Elf screenwriter David Berenbaum to write Bugs Bunny, a live action/CG feature film.

The images above are from a 1950s Viewmaster slide set. Why do I suspect these slides will be more visually interesting than this proposed film?