(This cover art haunted me as a kid, and this image of the Cylon holding the human make me have the same reaction.)
Here is some offical world on the series: "Executive producer David Eick is at the controls of the new series, with the plan being to present a more action-packed storyline than the now canceled Caprica prequel show."
Battlestar Galactica: Blood & Chrome will be out some time in late 2011 or early 2012 as a miniseries, then, much like Galactica it may be developed into a full-blown frakking series.
While the BSG crew may have frakked up with Caprica, Blood & Chrome will be a return to the roots of the series and answering some questions that have been hanging around since the series...also, B&C will be a nice chance to bridge elements of the classic series into the new Battlestar universe.
So say we all!