I am a little worried that they are offering it to "a bunch of directors", looks like they are getting desperate and willing to give it to anyone who'll take it. On the positive note, I am happy that some names they mentioned truly are "very interesting" choices and might put an unexpected spin on the movie.
I can see how some directors might want to steer clear of the MOTU movie. In all honesty MOTU is extremely difficult to pull of. If you try to make it too serious it will be just another forgettable generic action flick. If you introduce goofiness of the 80's cartoon, it could be great but it's so hard to find the right balance (ie. not make it too goofy). A lot of directors probably don't need the headache.