Babylon 5 movie deal dead

According to the series creator J. Michael Straczynski, the dream of a Babylon 5 movie is over - a post to the newsgroup rec.arts.sf.tv.babylon5.moderated (reprinted at this link to JMSNews.com) lays out just how close it was to becoming reality, and that now it seems like a movie version of the series will not come to be. Sad news indeed - I for one had been really hoping that this movie would get made.