I read the script
I've read a really great draft dated September 25th. It's very faithful to King's story, but it adds a lot to it, mostly in the beginning, and sets it in 1969. It really works, and has a lot of that STAND BY ME feel to it that feels very Stephen King.
I read on the Fangoria website that they've cast Jonathan Jackson to play the lead, and Erika Christiansen from TRAFFIC and SWIMFAN to play his girlfriend, and that David Arquette is George Staub. Charles Durning plays the sad farmer (who is in King's story, though the girlfriend isn't).
I've got high hopes for this one.