http://www.powerrangers.com/featurefilmannouncement.pdf
This should actually be good, Saban Brands is producing the show right now (Yeah, the TV show is STILL on, this season is an annerversary celebration with the current team being able to access previous ranger powers. including MMPR)
Kinda hope that they don't introduce the Green Ranger yet. They can use the second for that.
I really hope that if this is sucessful, they bring a good arc to the big screen. Called Countdown to Destruction. It wasn't a MMPR arc but from a good season called In Space. Wrapped up the "Zordon" Era.