Captain Blood...in space?

In Space, No One Can Hear You Say Arrrrr

"Warner Brothers has determined that what its classic 1935 swashbuckler “Captain Blood” needed was a trip to outer space. Variety reports that the studio is preparing a remake of “Captain Blood,” which starred Errol Flynn as a British doctor turned Caribbean pirate, which will move the action off the planet earth and trade galleons for intergalactic space vessels. Michael and Peter Spierig will direct the film and John Brownlow will write it. Despite the seemingly radical change of scenery, Bill Gerber, a producer of the new “Captain Blood,” told Variety, “There are some things you don’t mess with, and that is as classic a movie storyline as you will ever find.”"

I don't know what to think about this. I could be awesome or it could be horrifyingly bad. So much of this will depend on casting. I cannot think of one single actress who I'd say is a modern equivalent of Olivia de Havilland. And only Errol Flynn and a small number of other old time actors can pull off those moustaches.