I saw this preview over the summer. This guy created Lost so you know it's going to be a mindfuck. It looks really good! 1-18-08 is the release date.

Here is the video (http://youtube.com/watch?v=IvNkGm8mxiM)

Edit: Cloverfield is the codename for the movie. I don't know what it's going to be called.

There's a whole viral marketing thing going on online if you know where to look. This (http://www.1-18-08.com/) is one site. Here's (http://slusho.jp/) the other I remember offhand (note the History page). They've both been updated a bit since I last looked, and there are others.

Should be interesting. Given the budding hype, it better be interesting.