That wasn't Disney? Huh. I think that film basically turned me off any other live-action rendition of a classic tale since I saw it that one time. It was terrible.
Anyway, The Jungle Book didn't really look bad at all. The film I had in mind was Tarzan. Which also isn't Disney. I think what I've discovered today is that I dislike the majority of non-Disney live-action remakes of classic stories, and I tend to associate Disney with everything. Blame Kingdom Hearts.
But I must confess, I'm also sceptical of this 'live action' Lion King. Like Auly said, the original is incredibly hard to beat. Having said that, I can no longer watch the original any longer because of the amount of times I was forced to watch it at school during 'rainy days' and all that crap, so a refreshing new spin might actually fill that niche for me.