Do you remember last week when we were all pumped because a trailer for the Battlestar Galactica prequel had finally been released? Well almost as soon as this news was released, word came out that after lengthy deliberations, Syfy has decided not to go forward with the project.

As of January, Syfy president original programming Mark Stern was quoted as saying that he the network brass were “trying to figure out the economics right now.” and that he “hoped those would be figured out.”

“Though the vision for “Battlestar Galactica: Blood & Chrome” has evolved over the course of the past year, our enthusiasm for this ambitious project has not waned,” Stern said in a statement today. “We are actively pursuing it as was originally intended: a groundbreaking digital series that will launch to audiences beyond the scope of a television screen. The 90-minute pilot movie will air on Syfy in its entirety at a future date.”

The video has been taken off of Youtube at the request of Universal, but it wasn’t taken down before hundreds of thousands of people saw it first!