I find it interesting that, instead of just adapting the series or doing some sort of live-action reboot or something, that they’re apparently actually trying to actually expand the story already told:

Reeves revealed that this outline for the flick is currently focusing on the origins of the fictional “Bebop” drug developed by the military, which provides its users with a brief surge of superhuman reflexes and awareness. “We’re taking the Red Eye [story], the beginning part of the series,” he explained, “and then we’ll deal with the end of the series. We’re trying to figure out [the time frame]. We’re looking at the story right now.”

The article also includes this nugget:

Reeves hopes to play Spike Spiegel

I understand how many think how he would be a good fit looks wise – and I would agree with that assessment.  However, my only real knowledge of Reeves’ acting is from the Matrix and Constantine, and neither of those roles seem very similar to the type of flamboyant Bounty Hunter that Spike is, at least to me.  But at the very least I’d say it’s a good thing that a fan of anime and a fan of the series specifically is one of the people in charge of making it.

In any case, I’ve long said that, out of the hyper-popular anime series out there, Cowboy Bebop was probably the best suited for a live action adaptation, both because it was episodic in nature anyway, and just the story itself may lend itself to be good source material for a movie.