Leaked Footage from the Canceled Thundercats CG Movie?

The last we heard about a possible “Thundercats” movie (CG or live-action) it was back in 2009, when news came that the movie had been “buried”, i.e. dead. But while the movie version appeared dead, a new “Thundercats” animated show was announced, with its Cartoon Network premiere set for sometime in 2011.

Which leads me to this YouTube video of what looks like test footage from the “Thundercats” CG movie. CBM got the clip from a website called FLIXIST, and honestly, no one seems to know what the hell it is. It could be actual test footage for the CG movie that never was, or it could be something some kid made with his iMac in his parent’s basement.

Judge for yourself: