What's that?! You've never seen 'Time Bandits'?! It was one on the most fun and best done special effects movies of the 80's.

Time Bandits is a 1981 British fantasy film produced and directed by Terry Gilliam.

Terry Gilliam wrote the screenplay with fellow Monty Python alumnus Michael Palin, who appears with Shelley Duvall in the small, recurring roles of Vincent and Pansy. Sean Connery as "King Agamemnon" and a fireman is a hero through and through. Like he always is. Check out the trailer.

You can see a 'Monty Python' vibe to the trailer and it is in the movie too only darker. If Gilliam is involved it's a safe bet Johnny Depp will be as well. It would be truly awesome to see what modern technology could do with this story.