Twilight isn’t the only phenomenon to hit Comic-Con this year! While we were super stoked to see the Breaking Dawn cast at their panel discussion, this little tidbit of news has us beside ourselves with glee! Wizard of Oz fans, please stand up! Did you know that Disney is releasing their version of the classic tale next year, which is being directed by Sam Raimi. They released the first footage from the film yesterday, and the movie is called Oz The Great And Powerful. It’s actually a prequel to the regular Wizard of Oz, and stars James Franco as Oscar Diggs, a magician from Kansas who is carried away to Oz by, you guessed it, a tornado. Then we have the witches — Theodora, Evanora and Glinda — played by Mila Kunis, Rachel Weisz and Michelle Williams respectively, with incredible wardrobes, FYI. They’re a bit disillusioned by Oz, and it’s up to Diggs to find his way through to the truth and realize what, or who, is good and bad. The trailer itself is just magical and gave us chills, segueing from the darkly whimsical, black-and-white world of Kansas to the technicolor world of Oz. “Am I dreaming,” Franco wonders, as he walks through the fantastical realm. “Are you the great man we’ve been waiting for,” floats into the voice-over. Watch the trailer, and ask those questions too.