"District 9" is a mockumentary set in a fictional South Africa which has been filled with Alien refugees... literally. The film is a not so subtle riff on racism and xenophobia, but with a strange sci-fi bent.
This is a "Peter Jackson Presents" production, helmed by South African director Neill Blomkamp, whose previous visual effects credits include "3000 Miles to Graceland", as well as the TV shows "Dark Angel" and "Smallville". No word on how wide the release will be, but IMDB has it pegged for August 14th, 2009. Looks pretty mindblowing to me!