Well,such an exciting news!!Yet ,i dont trust Del"toro to pull this off,since i remember ,how badly he damaged "The white people" of Arthur Machen,in his film ,"Pan"s labyrinth",so my expectations are not too high...I would trust Cameron a lot more steadily ,as strange as it sounds...Only positive sign, in my opinion, is the possible consultation -although ,i fear it is only the beginning of a dissorganised series of "unfortunate entaglements" ,as it always happens with demanding movies....-with s.t.Joshi.So, i hope they take him under serious account(highly unlikely...).
One other name of a director,that, could -possibly -more responsibly and authentically, accomplish this filming feat ,compared to Del-Toro,is that of M.Night Syamalan,the director of the -milestone- atmospheric thriller "Sixth Sense" and ...a fellow countryman of S.t.Joshi's,since he is also of an indian origin......Anyone who has seen any of his movies,knows what i am talking about...