With the right person directing it, it could make for an interesting movie.

In the game, one of the things that made the story so enthralling was that so many things were left up to interpretation. You were basically thrust in the middle of a situation, with no knowledge of what happened previous to the beginning of the game, or Wander's relationship to Mono, or what kind of "sacrifice" Mono was victim to, though the player gains an idea of how all these things came to be whilst playing the game.

So the movie could be a way of interpreting how somebody saw the game in their eyes. It left plenty of room for imagination, what with the game being so vague and all.
Will it have the same surreal feel as the game. Most likely no. But it will be an interpretation. Who would want to see a movie that's the exact same thing as something they already played anyways?

Originally when I heard about this movie, I was not happy about it. But I've since tried to keep an open mind to it. This is one of my favorite games of all time, so if its gonna be made into a movie, I hope for the best.

Though of course, almost all hope was destroyed when I heard who was writing the script. Still trying to keep an open mind... *Cringe*