Are you ready for a videogame based on a thirty-year-old movie about some kids goofing around over half a century ago? I haven't seen Grease (not pictured) since I was too young to remember anything but Olivia Newton John stirring strange feelings in new places. But I'm sure whatever rhythm-based Nintendo DS and Wii game the publishers at 505 have in store will sell better with some sort of license. This one was probably cheaper than Saturday Night Fever, Flashdance, or Xanadu.

Read the press release breaking news here, where you'll learn that the Grease license is "cherished" and that fans will respond with "nothing less than total delight". Do you hear that, fans? Partial delight is not acceptable.