Yes, a Herve Villechaize movie is in the works. Jeff Wells:
Sacha Gervasi’s My Dinner With Herve, a drama about a 1993 interview Gervasi did with Herve Villechaize (“The plane! the plane!”) days before the dwarf-sized Fantasy Island actor killed himself. The director of Anvil! The Story of Anvil is looking to snag James McAvoy as the journalist; Peter Dinklage will play Villechaize.
Forget “The Hobbit,” the Freddie Mercury biopic, Spielberg’s Lincoln film, or the next “Dark Knight.” I think THIS is the movie in 2012 I’m most looking forward to.