Oh my God, that sucks. That really sucks. If you guys thought the Abrams bashing on the Trek XI forums was bad, this film (if it happens) will practically make the Internet blow up!
No Joss, no Buffy, as far as I'm concerned.
Why can't Hollywood come up with something new? I'm sick of them dusting off an old property (especially one as classic and well-loved as BTVS) and mucking it up in a new reboot.
I love Joss' work so far, and seriously, if he is not involved, this project is totally doomed. Especially giving it back to the person who wrecked the original film in the first place.
I hate Hollywood.