Some have lost hope in Hollywood in developing a short series comic book(graphic novel for those that want accuracy) story into something quality. I personally wait until I've seen the final product to pass final judgment.

But there is some great news for the Watchmen.

Hollywood tried to change it. Keyword there is tried, because the director fought them and won.
http://io9.com/5059892/watchmen-movi...-war-on-terror


Snyder shared with us a bombshell — Hollywood wanted to change the graphic novel's alternate 1985 to the George W. Bush era, and turn Watchmen into a movie about the War on Terror. After a quick viewing of a few clips Snyder shared even more "almost" moments where the studio wanted to meddle, easter eggs and what he couldn't live without. Details (and spoilers) ahead. Snyder said he had a meeting with the studio early on, where they shared their early "Hollywood" vision for the Watchmen movie. It would have been an updated George Bush-era film, where the Minutemen team had been hunting down terrorists. But Snyder's love for Nixon's Watchmen involvement brought him back to the table, asking Warner Brothers to trust him that 1985 is the right way to start the movie, and "maybe we should just leave it the way it is."
I'm not really surprised that they wanted to change it. They've effected many of these class of comic book movies in this exact manner. But that in the end those changes didn't go through does put a bit more faith in that it will be more true to the original source.