Get ready for an new sitcom starring Rosie O'Donnell and Fran Drescher. The two made an official announcement on O'Donnell's blog that they are developing a television comedy about three friends from Long Island who move to Manhattan. Poor Matea Gold of the Los Angeles Times went to the trouble of reading the blog comments:

"Ro, is it true you and Fran are going to do a sitcom or are you just teasing us?" one wrote.

"True," O'Donnell responded.

"OMG. . . . you and Fran are going to be the new Lucy and Ethel! I am about to bust at the thought of it," another posted, prompting O'Donnell to write: "Honey, sign me up."

According to Cindi Berger of PMK/HBH, the still-in-development show is "way too premature" to discuss.