As awesome as it would be getting to see him fully use his powers on screen for more than a second and a half, he's just not that compelling of a character to have his own show. Though it would make a great excuse for any SFX house wanting to boost their portfolio.
I could maybe see an animated movie one day, but that would be the most I would hope for. Shawn Ashmore's simply not a good enough (or bankable enough) actor to do it.