J.J. Abrams Taking Stephen King's 'The Dark Tower' to the Big Screen?!

As it appears, J.J. Abrams and co-creator of Lost, Damon Lindelof have bought the rights to Stephen King's series of The Dark Tower for $19.00. For anyone familiar with the story you are aware that the number 19 has a lot of significance through out the series. According to Comic Book Movie Fansites, Lindelof told Lostpedia that they want to put this on hold until they finish with Lost, which should be this season.

“We’re just so focused on finishing ‘Lost’ that it’s really hard to think about anything else. The last thing we want to think about is how to adapt a seven book series of, you know, basically the writer who we admire the most and look up to most and has inspired our work the most, and do anything with that", Lindelof said as he continued on to say "I think that it’s such a daunting task. We have a pretty daunting task in front of us ourselves [with the end of 'Lost'].”

AMC was also recently told by Lindelof himself that he would like for the series to be on par with Peter Jackson's trilogy of The Lord of the Rings. What gives me high hopes for this film is the fact that they don't want to rush to it and take their time.

What are your thought on this? Will you be looking forward to this 7 book series to materialize in the form of films?