A Deadpool movie has been announced! Here’s what you must know to survive in this new world!

Rob Liefeld was right!

The co-creator of Deadpool has been hinting about a movie for the “merc with a mouth” for years, and he’s finally been vindicated, as Fox has announced a Deadpool movie for February 12, 2016. While Ryan Reynolds—who portrayed Deadpool in Wolverine: Origins—hasn’t been signed yet, given his decade long opsession with making a Deadpool movie, and his presence in leaked test footage, we’re guessing he won’t take too long to hop on board. More facts you must know in order to fully appreciate this amazing movie news!

• Tim Miller is definitely on board to direct—Miller is best known for doing visual effects on Scott Pilgrim vs The World and the title sequence for Girl With The Dragon Tattoo. He also directed the test footage. More on that in a minute.

• There is a finished script by Rhett Reese and Paul Warnick who wrote Zombieland (Yay!) and GI Joe: Retaliation (eh) but apparently this has been floating around for a while, and has garnered positive response from those who have read it.

• Deadpool, aka Wade Wilson, started as a bit of a joke but over the last few years has developed into one of Marvel’s most popular characters—so popular he has a whole month of variant covers to his name. A loose-cannon type who frequently breaks the fourth wall, while he’s killing people with alacrity, he’s a versatile, anarchic presence.

• Deadpool was killed off in Wolverine: Origins, however a post credit scene showed that he had resurrected himself. That entire mutant continuity was once again killed off in X-Men; Days of Future Past but when has that ever stopped a comic book movie?

• Test footage directed by Miller and starring Reynolds was shown at Comic-Con and leaked soon after to good result, which helped get the green light going. Back in July Reynolds told the Niagara Falls Review (yes) “There was such an overpowering reaction to the footage, you sort of feel like, ‘Oh, so we weren’t crazy for our reasons for loving this character, for loving this role.’ It’s interesting to see the power of the Internet. It’s awe-inspiring, actually. And it’s neat that Twitter and Facebook and Instagram can move mountains when used in the right way.”

• The footage shows a crazy, wise cracking Deadpool slicing and dicing his foes, with a CGI Deadpool doing most of the stunts. It seems a bit fresher and more up to date than Marvel’s previous wisecracking hero Spider-Man, who has been benched by Sony following disappointing results earlier this year.

• The February release date—and barely a year production schedule—is a pretty low expectations time frame. Fox will probably expect this to be a toe in the water, can it grow beyond a cult movie. But hey if it tests well, who knows? Fox has similarly shuffled its release dates for one of its other 2016 superhero movies, with Fantastic Four pushed back a skotch from June to August because of an Assassin’s Creed movie starring Michael Fassbender, be still me heart, that ran into some problems. Fox also has X-men Apocalypse on tap for Summer 2016, and another Wolverine-ish movie coming out in 2017.

• Reynolds has always wanted to play Deadpool! And it seems a more natural fit than Green Lantern, let’s be honest. So there’s enthusiasm on that side,

• Maybe THIS will be the quirky superhero movie that we’ve been waiting for? Certainly Deadpool is the least serious of superheroes and if there’s going to be Bugs Bunny type fourth wall busting this is the place.