Tim here. A couple of months ago, you may recall, I shared my crabby old man thoughts on the current wave of making new CG animated films based on old-school cartoons, among them being Sony Animations still-not-actually-official new Popeye movie to be directed by Genndy Tartakovsky.
Now, without having actually committed themselves to making it, Sony has basically confirmed that they're making it, releasing an animation test preceded by a short interview of Tartakovsky explaining his interest in the material. The animation itself starts at about 2:01, if you're an impatient sort.
What do you think? For myself, I find Tartakovsky's commitment to the physical illogic of vintage rubber hose animation comforting, though the character designs are still kind of horrifying, Olive Oyl's especially. The way that fully rendered images tend to insist on their tactility is completely at odds with the extreme caricature of the movements and shapes of the characters. But I am willing to be persuaded that I'm wrong, because everything else about the colors, the softness, and the slapstick feel pretty right.