It's Much Ado About Nothing--yes, the one by Shakespeare--and is apparently set in basically modern day, and stars Amy Acker and Alexis Denisof as Beatrice and Benedick. Yay! We finally get to see Fred and Wesley (as it were) acquire the romantic happy ending they, uh...well, I don't want to be spoilerish, but the end of the Angel series involved a lot of tears and "NOOOO" on many of our parts.
This time, of course, Joss didn't write the material himself; he used Shakespeare's. But he chose a Shakespeare *comedy*, at least, rather than a tragedy. True, it's "comedy noir," as he points out--that bit about "Let's pretend Hero is dead!" is pretty dark. But it ends up all right, and that's more than we can say about practically all the relationships we cared about in the Buffyverse. So thank you for this, Joss. It looks delicious and fun and I can't wait to see it, and it's good to say "Squee!" about a Whedon project again without feeling some dread that it's gonna hurt.