fact or rumor? twilight pinoy version

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I saw in a friend's blog that the ABS-CBN has bought the rights of hit novel TWILIGHT by Stephenie Meyer. Here's the inside scope from twilightsaga.multiply.com "...the taping is set to start next year in Baguio, Bugarin in Tanay Rizal Province, Bukidnon and Tagaytay, This will be one of the biggest production ABS-CBN will make, the budget for this TV Series is about more than a million, which is big for a tv series. this is said to be directed by the award winning director Cathy Garcia Molina (A very special love and my only U). Twilight Philippine Version Cast: (Pending) as Edward Cullen Shaina Magdayao as Isabella Swan Valeen Montenegro as Alice Cullen Gabby Concepcion as Dr. Carlisle Cullen Luis Manzano as Emmett Cullen Al Tantay as Charlie Swan Yayo Aguila as Renee Dwyer Fred Payawan as Jacob Black Carlos Agassi as James Chin Chin Gutierrez as Esme Cullen Karylle as Rosalie Hale Joross Gamboa as Jasper Hale Jessy Mendiola as Jessica Stanley Empress Schuck as Angela Weber Brad Murdoch as Laurent Nikki Bacolod as Victoria Aaron Villaflor as Mike Newton ABS-CBN said theyre thinking of Rafael Rosell, Diether Ocampo, or Jake Cuenca to portray the role of Edward Cullen..." What do you think? If this is true, I think Shaina is not fit for the role as Isabella because she's not pale, I guess Valeen is more appropriate for the role :)) But anyway, I don't want to bite this issue. I think, no one would ever want to watch another remake.