Poor Terry Gilliam. Just as the director finally seems close to assembling his adaptation of the Miguel Cervantes novel Don Quixote, Warner Bros. and superproducer Joel Silver (Sherlock Holmes) have their eye on the story with the intent to fast-track it to blockbuster status.

Pajiba reports that the project is being described as a “Pirates of the Caribbean-style swashbuckling version of the story.” The studio will reportedly jettison the insanity inherent to the lead character, and set would-be knight Don Quixote’s adventures with faithful squire Sancho Panza amid actual fantasy. That seems like an odd choice, but I haven’t read the book. My only real point of reference is the Wishbone episode, which you check out after the jump.

What’s the story, Wishbone?