And now, it's airing on Syfy for a one time showing tonight at 11PM!
This news is almost too good to be true; I'm sure it's either not gonna happen, or it's gonna be so edited for television that the whole "remastered" thing won't really matter. Still, I'm setting that TiVo, and hoping for the best. (And then I'll probably still buy the Bluray, should it ever get released.)
Also, the fifth, and supposedly final Phantasm movie, Phantasm RaVager, is released on VOD tomorrow. It wasn't directed by Don Coscarelli, (and it fact, it's the only film in the series he didn't direct), but he did produce and co-write it, and it does star A. Michael Baldwin, Reggie Bannister, and the late, great, Angus Scrimm, and there is a GIANT silver ball in it, so it can't be all bad.