According to the website KDrama Star a live action adaptation of Mobile Suit Gundam is in pre-production. Being a huge fan of Gundam and other Mecha shows this is great news, and above is a supposed still from the movie itself.
The still shows Gundam’s from the very grounded 08th MS Team which would be a perfect fit for a movie adaptation with a nice mix of action and anime melodrama without losing the regular movie goer. Now while I hope this news is true, it is all rumor at the moment. Maybe if the Live Action Patlabor movie is a success it will open the door to more live action mecha movies.