OK, this is really jumbled. Either they're going to take the story of Casino Royale, which is supposed to be Bond's first story, and move it into the future with a pre-establish Bond so they can keep Judi Dench and John Cleese (which would be ******ed, so why even call it Casino Royale?), or they're going to make it be a prequel, but for some reason we still have the same M as the recent movies and (hopefully) John Cleese as Q. This sounds like a complete jumble, even by James Bond standards. I know that the movies with different actors aren't really supposed to hold continuity with eachother (heck, they downright can't), but you'd think they could at least try to suspend our dis-belief a little.
I have a feeling that Bond is going to take a nap for a few years after this movie, much like he did between the Dalton films and the Brosnan ones. The whole production just sounds so ham-fisted that I don't see how it can do anything but damage the franchise even more.