A little closer to Southland

Despite the overall beatdown Richard Kelly received last year in Cannes over the work-in-progress version of Southland Tales, I can't help but be happy to hear that we are finally a little closer to seeing the finished product.
Straight from the director's mouth (or at least his MySpace blog):

So we have finally gotten the greenlight from Sony for the additional
round of visual effects for Southland Tales. This is VERY GOOD NEWS for the film!
We will now be able to finish the film properly. Phew!
The film will be completely finished for the first public screening
sometime mid-summer.

Until then, I'll look back to that fateful night I met a giant bunny-rabbit named Frank.