Now, this doesn't sound very enchanting to me at all:
Scary new OZ movie
Disney's Return To Oz tanked already, in large part due to its grim and depressing tone. (I kind of like it in spite of this, though it isn't aging all that well for me.) Even The Wiz, on film, ended up as a heavy-handed downer. Now, this McFarlane take on Oz? I give it a pre-emptory Bah. Between that and, I presume, the eventual movie of Wicked, a generation is going to think of Oz as a conflicted, neurotic place. Where's the whimsy and fun?!
(p.s. - Yes, I do like Wicked on stage, but I worry that a movie of it is likely to suffer from similar "Oz is a bad place" vibes. Can we get Baum's good hearted, place you don't want to leave Oz someday?)