Anime Kanarazu

Please, some one who knows more about anime tell me this is a spoof and these people were not serious about remaking sailor moon like this! What the heck could be worse than taking a most beloved anime series like Sailor Moon and killing it into this a live action/animated turd like this.

http://www.youtube.com/watch?v=5B4_VCeHfjo

It was real, but got shot down when they tried to buy the rights.

thank heavens!