Okay, I've
finally found an article that cites (without a link) the Empire quote:
"Unfortunately, that version really can't be finished because it would cost somewhere between $15million and $17million just to complete the special effects."
And now Variety is saying New Line cut about
thirty minutes from the movie. Now, Weitz has said that a full, completed cut could run two and a half hours, so by my count there's twenty minutes unaccounted for here. I guess that it's those twenty minutes that could eat the $15-17m, given that the ending seems to have been pretty much finished. Incidentally, I doubt that the ending would take more than twenty minutes
itself, so maybe New Line had pretty much finished another ten minutes or so of scenes they then cut, thus arriving at Variety's thirty minutes figure?
I still don't see how the minimum of twenty minutes of presumably dialogue-heavy scenes could possibly cost more than $10m to finish. Maybe Weitz was talking in theatrical terms, and a blu-ray completion could run far less.
In any case, the badmouthing continues, and even with the bajillions
New Moon is making Weitz, a director's cut seems further off than ever.