In a move rumored for years, DC Comics has officially announced seven comic book prequels to Alan Moore’s 1986 bestseller Watchmen. After the break we have art, the creative line-ups and reactions from the original creators, Alan Moore and Dave Gibbons.

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Paramount Pictures has released a shorter version of The Avengers trailer that runs in theaters after the Captain America credits. While the full trailer contains more footage from the Joss Whedon helmed superhero team-up, this teaser does give us our first chance to get a real good look at Captain America and Thor’s new costumes. We also catch quick glimses of Mark Ruffalo’s Bruce Banner and Jeremy Renner‘s Hawkeye. So what are you waiting for? Check out the trailer and screenshots after the break!

Comics are amazing things and while it’s our job to talk about them, some panels are just too much for words. Those panels end up here to be presented without comment, question or explanation. Nuff said.

Ultimate Spider-Man 160 by Brian Michael Bendis Art by Mark Bagley

This is it folks, the biggest comic book news since Disney bought Marvel.

Today via The Source Blog DC Comics announced it is relaunching their entire line of Superhero titles and will be the first of the “Big Two” (DC and Marvel) to publish same day releases of their digital and print comics. These changes will spin out of DC’s summer event Flashpoint ending on August 31st with only two issues being released on that date: Flashpoint #5 and the newly announced Justice League #1 by Geoff Johns and Jim Lee. After August 31st expect an onslaught of new books as DC will continue to release fifty-two new issue #1s. As far as what this means to our rebooted characters and timelines DC Comics’ Dan DiDio was quoted as saying that the reboot would give them “…a chance to start, not at the beginning, but at a point where our characters are younger and the stories are being told for today’s audience.” In an industry often stagnant and stuck in its ways I for one salute DC for making a bold and daring move forward but only time will tell if this gamble will pay off.

Read the full press release and sound off in the comments after the break.

With everything else going on this week William and I didn’t have time to sit down and record our regular reviews episode, but that won’t stop us from chatting up our Book of the Week! Hit the jump for our commentary and review of Marvel’s newest release, Brian Michael Bendis and Alex Maleev’s Moon Knight #1