Though rumored for years, it looks like your dream is finally coming true... the Fraggle Rock movie—based on the awesome 1983 Jim Henson TV project—is a go, according to the Hollywood Reporter:

Rango co-writer Jim Byrkit and Alex Manugian have been happed to pen the script for Fraggle Rock, New Regency’s big-screen adaptation of the 1980s musical puppet series created by Jim Henson.

A feature has long been in the works at other companies with the property being set up at New Regency in 2011.

The Jim Henson Co. and the Montecito Picture Co. are producing.

Go Team Doozers!