I think Paramount wanted another science fiction epic adaption of their own to mirror "Lord of the Rings" and they worked pretty hard to get the rights from the Herbert foundation. I think those rights expire at the end of this or next year. I personally was looking forward to this until I read that treatment, it was pretty bad. I don't think we need another adaption of it, as I said I'd prefer an adaption of "God Emperor of Dune".
What appeals to me about God Emperor is that it would have the potential to be a political/philosophical Science Fiction movie and not just another action adventure piece.