This is obviously a remake of the classic atomic-age creature feature from 1959. However, unlike most of the endless Hollywood remakes this one is a micro-budget indie much like the original, but this director really feels that he can improve on the original version. Well, that's yet to be seen, but the first teaser has arrived[not awe inspiring but I do really dig how they colored it to look like a 50's or 60's exploitation flick]:
http://brettkelly.net/attackofthegiantleeches.html