Diablo Cody’s heading back to high school, signing on to write and produce an adaptation of the “Sweet Valley High” book series for Universal. Mason Novick, Adam Siegel and Marc Platt are also producing.

U agreed to a deal with Cody and her manager Novick, outbidding Fox for the project. It’s in talks to acquire the film rights to the book series created by Francine Pascal and published by Random House.

Oh, this is just terrific. Instead of being perfect size sixes with eyes the color of the Pacific Ocean, Jessica and Elizabeth will sport matching flaming dice tattoos. Instead of a Fiat, they’ll drive something zany like a Le Car. Bruce Patman will be played by Michael Cera, and The Droids will be played by Vampire Weekend. FML.

Word straight out of Jason Reitmanís mouth is that Fox will appear nude from the waist up in a scene where she lures an unsuspecting male into the woods. Reitman revealed this information while appearing on The Howard Stern Show last week. The nudity will be discreetly covered by Meganís hair.

Hair? Discreet? Poppycock. You would think that the screenwriting lady who used to strip could at the very least toss in a boob or two. A nipple. Something. It's her script. Can't she go in with a ballpoint and cross out the "covered with her hair" part and write in "naked Megan Fox with no hair at all covering any part of her in any sort of discreet manner ever"? Actually, this is Diablo Cody, she would write "Nick-at-Nite-Nakey Foxy-Fox flippin' the bald eagle Brazilian bare Hostess tit-cakes, for schloozle!" And she would write it with a hamburger pen. It doesn't matter that hamburger pens don't exist. She'd invent one.

Megan Fox shows it off at MrSkin.com.