“This is ‘Romeo and Juliet’ for the Twilight Generation.”

So says a member of the team on Romeo and Juliet, an upcoming, Carlo Carlei-directed interpretation of Shakespeare’s classic led — one led by Oscar nominee Hailee Steinfeld (True Grit) and Douglas Booth (LOL) that expressly hopes to bring this tale to modern teenagers. Please, please, please let this be “for the Twilight Generation” because “the Twilight Generation” is simply seeing the movie in the first place.

Little new details can be gleaned from our first look — the costumes look very nice! — and the only other solid detail in 24Frames‘ report is that the dialogue of Romeo and Juliet will be spoken in “understandable iambic pentameter.” So this won’t be Luhrmann‘s Romeo Plus Juliet Equals “Lovefool,“ but there’s still a decent amount of fidelity going on ehre. For that alone, this could come out on the other side looking okay.

With a cast that also includes Paul Giamatti, Stellan Skarsgård, Kodi Smit-McPhee, Natasha McElhone, and Damian Lewis, Romeo and Juliet is expected to open in 2013.

What do you make of that first image? Does Romeo and Juliet sound like a “correct” interpretation of the play?