Vanessa Hudgens and Zac Efron in Spider-Man?! Vanessa Hudgens and Zac Efron in Spider-Man are dominating Zanessa reports today.

Zac Efron as Spiderman and Vanessa Hudgens as his love interest Mary Jane Watson are being splashed across British press Monday in what can be described as one of the biggest Zanessa stories, arguably ever, if true.

Hudgens’ movie career has been lukewarm since the HSM franchise, and neither have reunited on screen since that exit. But Efron has reportedly been tapped to replace Tobey Maguire and Hudgens being pursued to come on board.

British OK! Magazine reports that Maguire recently suggested the young Hollywood stars to take over his role after his exit. The movie is on a mission critical time schedule, set for theatres in 2012 and to begin principal photography this year.

The film, a Universal project, is set to undergo a revitalization for a new generation since Tobey’s exit at age 34. LALATE would contend the deal if true would have to be a three picture option, and hence put Zanessa into the boxoffice front and center for the major part of this decade, if inked.

With Hudgens, 21, and Efron, 22, at the helm of Spider-Man, it could bring the couple’s biggest pay day ever.

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VIDEO! Watch video of Zac Efron’s bungee jump! Zac Efron bungee jumping comes from Canada’s Whistler Backcomb Mountain.

CLICK HERE TO WATCH THE VIDEO

Zac Efron fans got a sight to see today as their favorite Disney star took the big jump. And by all accords, it appears the video hasn’t been the easiest to watch, even for the earnest of Efron fans.

Dear Lord!! I would scream my? lungs out If i did that which is 100% imposible

NOW THAT IS FREAKING AWESOME… :O :O :O

How in the world did he manage to? do it? Or am I the only scaredy cat here?

That guy amazes me.

So the question is - could you jump the same …. and would it help if Zac was holding you jumping together?

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Zac Efron is not engaged. Net chatter is asking if Zac Efron got engaged to Vanessa Hudgens tonight. LALATE wrote February of 2008 that Efron and Hudgens weren’t engaged, despite rumors then.

Now the rumors are back, and wrong again.

In fact, you can pencil in you day planner calendar no Zac Efron engagement until probably a decade from now. Efron tells GQ Magazine in a ubber cool spread this month he’s not getting married in 2009, or anytime soon.

“I’m definitely not getting married. In this business, you’re either getting married or they want you to be pregnant.”

Give it a week - internet rumors will say Vanessa is pregnant. Oh, and if you wondering - Lil Wayne and Miley Cyrus are fine alive too.

Everyone who’s going to see 17 Again type … 17!

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VIDEO! Catch video of Zac Efron on SNL. Zac Efron hosts Saturday Night Live’s SNL this weekend in advance of 17 Again’s opener.

Zac Efron has been everywhere promoting 17 Again. Earlier this week, he appeared in Funny or Die’s ”Pool Party”. The heavily promoted Funny or Die video was so unfunny LALATE almost died.

Hopefully that will not be the case for SNL … and if Madonna shows up asking for more spicy babies it will help.

For all the SNL videos this week and last week, click here: http://news.lalate.com/category/snl.

Below is a video preview of Zac for SNL tomorrow.