Buried near the bottom of an interview by Dean Takahashi over at the Mercury News interview with Microsoft's president of Entertainment and Devices Robbie Bach, comes the news that Microsoft will look for other studios to make the Halo film with, or give up the project.

Does it make sense for Microsoft to be in the movie business? It’s not what we do, nor would I anticipate us ever doing it. So it’s a different business with a different business model. We happen to have great intellectual property with Halo that could be made into a great movie. The No. 1 criteria for us is we have to be confident a great movie is going to be made. It doesn’t matter if Universal and Fox do it or somebody else does it. Frankly, if we didn’t think a good movie would be produced, we would rather have no movie.

Given the mix of nervousness and enthusiasm for the Halo film, is this good news-- that Microsoft will do it right, or not at all? Or bad news?