James Cameron interested in Alita
Source: Ken-Shan of AimeCon.com
Twentieth Century Fox has registered the domain name battleangelalita.com on behalf of James Cameron. Their intentions towards Battle Angel Alita / GUNNM are not yet known however obvious speculation includes the possibility of a Live Action movie based on GUNNM.
Marco de la Cruz has a very interesting website which ponders who would play Gally (Alita's original name) if GUNNM were ever made into a live action movie. You can take a look here : http://188.8.131.52/marco/alita_graphic.html
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