Shortly before Christmas, Universal Pictures plans to unveil its $150 million remake of "King Kong," the 1933 sci-fi classic featuring an overgrown beast with a soft spot for blondes, a craggy, fog-shrouded island inhabited by dinosaurs and a squadron of biplanes buzzing the Empire State Building. The new version, aimed squarely at the hearts, minds and wallets of the teenage-to-mid-30's set that Hollywood prizes, has blockbuster written all over it. Peter Jackson, the maestro behind the "Lord of the Rings" trilogy, is directing; Naomi Watts is stepping into Fay Wray's shoes as the imperiled, scantily clad heroine; and the film is rumored to be embroidered with mind-blowing special effects. [More]