Calm down geeks. Keep reading.
It sounds like it's actually a new story, possibly a prequel or a sequel, or maybe just a whole new story, in the original Blade Runner world. It's likely that it won't involve Harrison Ford either. Scott is on board to direct and produce the new film. I think that the original was rich enough to support a new story in the universe if they get the correct writer on board. It's been awhile since I read the original Philip K. Dick story, "Do Androids Dream of Electric Sheep?", but I think there were some things in there not covered by the film that could be incorporated into a new story.
I'll be curious to see Scott's upcoming film, Prometheus, which started off as an Alien prequel, but then evolved into something... else. Scott + Damon Lindelof, one of the minds behind LOST and the Star Trek reboot? That could be really interesting. Starring Charlize Theron? She's hot right?
So, come on geeks, are we outraged? I think this could maybe not suck. Am I alone in this? God I hope Sean Young makes an appearance - she's currently appearing with Michael Lohan, Amy Fisher, Bai Ling, and Steven Adler on Celebrity Rehab With Dr. Drew. Homegirl needs to get sober and get a job - and she rocked Blade Runner.