Robert Rodriguez is making a full-length feature film out of Machete, one of the joke-trailers from Grindhouse, the 2007 double feature he made with Quentin Tarantino. The preview itself is a work of art - a clever send-up of 70's action-movie cliches and too-good-to-be-true catch phrases like "they fucked with the wrong Mexican" and "when you hire Machete to kill the bad guy, you better make damn sure the bad guy . . . isn't you." CSD headquarters is very excited.
Here's the original, very NSFW trailer for Machete: