io9 is reporting that Legendary Pictures' reboot of Godzilla is considering this concept for their version of the Godzilla monster.
Stupid stupid stupid. Didn't they learn the first time? Robot Chicken makes the point perfectly in this hilarious spoof clip [located lower right on linked page]
There is only one Godzilla - the Japanese version - which means putting a man in a rubber suit! It means that iconic roar. It means radioactive blue-plasma breath.