It turns out the trailer for Super 8 that permieres with Iron Man 2 is for a movie that doesn't really exist yet. According to The Hollywood Reporter's Heat Vision Blog the movie is a rumored collaboration between Steven Spielberg and J.J. Abrams. The origin was from a year ago when the two moviemakers discussed their early filmmaking experiences.
Super 8 will be written and directed by JJ Abrams with Steven Spielberg, Abrams, and Bryan Burk as producers. The film goes before the cameras this fall with a $50 million budget for a Summer 2011 release. The summer 2011 release will join an already crowded slate with Thor, Kung Fu Panda 2, Transformers 3, and Captain America.
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