Takashi Miike to direct Daimajin remake?

It's the latest wacky rumor (this time coming by way of Kaiju Shakedown) from the world of Asian monster movies - Takahi Miike (Audition, Dead or Alive, Full Metal Yakuza) will direct a remake of the movie Daimajin. Daimajin, you may recall, was the giant statue who comes to life to repel a gang of bandits who take over a village. There were two tenuously-related sequels to the original Daimajin. They were Return Daimajin and Wrath of Daimajin, which are often confused for one another.

Related links:
Daimajin (review)
Wrath of Daimajin (review)