Kevin Spacey to play Lex Luthor
This could be a great casting ala Michael Keaton as Batman. Supposedly this film takes place some time after the second Superman film. Surprises me that although Gene Hackman as Luthor was a bit campy, I don't see why he could not reprise that role. But it looks like a fresh start all around and with Bryan Singer at the helm (XMen director) it could be a wild ride!
http://news.bbc.co.uk/1/hi/entertainment/film/4157771.stm