I just reread the Ultimates yesterday, and I still can't get over how PERFECT it is for the screen.
Since I've read the other films are being made of the major characters, it would work best like this:
The Needed films:
-Hulk(Already done with-you could squeeze out a more heroic Hulk sequel before Ultimates if so inclined)
-Captain America(Set during WW2 and ending with his "death")
-Iron Man (Whatever you want to do)
The Optional film:
-A Nick Fury movie, ending with him becoming the leader of shield
The Unneeded film:
-Ant Man (Should not stand alone)
The above three(or four) films would lead up to THE ULTIMATES. I'd see it as a roughly 2 and half hour movie.
A rough timeline of the film follows:
First 15 minutes:
The Ultimates issue 2- Fury rounds up Banner, mentions and discusses Captain America, The Hulk & Alien technology, Gets Stark on board with Iron Man. Introduces Hank Pym & Jan, their sciences, Ant technology, and breakthrough with Giant Man
Next 35 Minutes:
Ultimates issues 3 & 4- The return of Captain America, formation of the team, plugging them to the media, Captain America reintroduced to his life and the world, Banner gets depressed. Introduction of Ultimate Thor, who wants nothing to do with them. First hints of stress between Hank & Jan. Additionally, Another few mentions or setups of the Aliens & technology, plus the introductions of minor characters Black Widow & Hawkeye(Save Scarlet Witch & Pietro for the sequal).
At 50-60 minutes:
First Major set piece. Banner Hulks it up and the superpowered Ultimates get together to own his ass. Thor comes in to help at the end.
Next half hour:
Publicly recognized as heroes. Fall out between Hank and Jan leads to domestic violence. CA goes after Hank. More alien set up.
The last hour of the film:
Building towards the big alien conflict in the last 4 or so issues. A big balls to the wall battle in the last 30 minutes. We see Hank recovering from getting his ass handed to him, Banner in his cell, and the big celebration ballroom scene. Ends with Jan looking better & Cap kissing her. Fury leaves the room laughing, saying "Damn, I thought he was never going to get some." Just like in the comics.
IT'S PERFECT, PEOPLE!
And the sequel would work much the same way. The biggest reason I want this to happen is so I can see Hawkeye's scene from The Ultimates 2 on screen. You know the one, where he's locked up to a chair but rips off his fingernails and kills everyone in the room. Most badass moment ever.
I wouldn't want a Thor movie until after The Ultimates, or perhaps even after The Ultimates 2. I love how he's portrayed as possibly insane, and I wouldn't want to ruin that aspect with his own film explaining that he's not insane before the fact. It would be reduced to more of a joke, as in, everyone kind of thinks he's insane, but we the audience know he's not- so we smile and go along with it knowing they will all one day find out. I like it a lot better where we don't actually know, more dramatic.
Anywho, there you have it. The perfect film- THE ULTIMATES.