With most of the Studio Ghibli animators working on the upcoming feature Karigurashi no Arrietty (based on the novel The Borrowers), word is that Hayao Miyazaki is working on a new short film. But apparently since most of the animators are occupied, Miyazaki himself is doing some of the animating on his newest project-- very cool.
The new short is about 10 minutes long and has no dialogue, but no other specific information is offered. Toshio Suzuki suggests that they may even consider posting the video on YouTube, but they're unsure of how to recoup the costs of even a short 10-minute video via Internet distribution.
It'll be interesting to see what they do-- but even more interesting to see what the animated short is! I also wonder, is Miyazaki working on a computer, or is it still straight-out cel animation?