Listed recently on IMDB we find the series, titled Metropolis, set to air on September 25th of 2012 with a cast of Smallville alum making up the talent roster. The new series boasts director: Alfred Gough, writers Brian Wayne Peterson, Kelly Souders and stars Tom Welling, Erica Durance and Aaron Ashmore.
Even though this is far from an official confirmation that doesn't mean that we all can't get a little excited right? I mean the series did end on a note of things to come and left a pretty wide door open for a potential continuation. Of course all we can do now is wait patiently for the official word from the studio or maybe an affirming tweet from one of stars.
UPDATE: [c=yellow]I would very much love to see this happen. Not only does it make sense but it would be monster size popular. But yes, we know that it was a hoax, we discovered this not long after publishing the article, at which time we published a retraction article. Normally we would have taken this one down but the response has been so positive that we're hoping a producer somewhere takes notice and maybe does something about it. Fans have been able to make things happen in the past simply by making their voice loud enough. Time will tell.