In today’s report about the apparent death of the Seth Rogen Green Hornet project, Hitfix’s Drew McWeeny declines to answer or even ask “why,” even on a speculative basis.

All he says, boiled down, is that The Green Hornet “has gone onto life-support at Sony” and that there’s “a good chance the studio’s going to kick the plug out any moment now.”

I don’t know diddly squat but I can speculate on a reason. The screenplay of The Green Hornet, written by the unequivocally smart-ass, comedically inclined Rogen and Evan Goldberg, never found the right balance between the demands of a geek-friendly superhero flick (which always includes a serious-sincere current of geek emotion) and the humor element that these two guys live for and what their careers are based upon.

This may not be why the Hornet movie is all but dead, but at least it’s something to kick around.

“Ever since Stephen Chow started to waffle about his participation in the film, I’ve been hearing rumors that there were major hesitations at Sony,” McWeeney writes. “Then at Sundance, I heard several people say that the film was off completely. I spoke this afternoon with a source close to the film, and while they didn’t call it completely dead, they did say it is ‘highly unlikely’ that the film will shoot in 2009 at all.”