A "Deadman" TV Show?

I saw this post about Eric Kripke (Supernatural) developing a new TV show based on the comic book Deadman and thought, "Wow! Can they really pull that off?" I had a roommate who loved Deadman comics, so I've read a few storylines over the years. Deadman was a circus performer, murdered and brought back as a ghost that can inhabit bodies to solve crimes. Or something like that. Here:

Deadman is a ghost, formerly a circus trapeze artist named Boston Brand who performed under the name Deadman, a stage persona including a red costume and white corpse makeup. When Brand is murdered during a trapeze performance by a mysterious assailant known only as the Hook (in fact his last words were "Gee, from up here it almost looks like that guy with the hook for a hand has a gun..."), his spirit is given the power to possess any living being by a Hindu goddess (created for the purposes of the story) named Rama Kushna (a corruption of Rama-Krishna), in order to search for his murderer and obtain justice. (Source: Wikipedia)

I don't remember too many particular stories, but I do remember them being fun, and Deadman having a snarky sense of humor that I enjoyed. Maybe I'll have to go dig something up to refresh myself on this one. (The 90's were a long time ago, people.)

I like Supernatural and am a fan of Kripke's work, so I remain hopeful about a Deadman TV show, especially if it goes to CW or F/X type channel. Don't even bother with the big 4 -- the general viewing audience won't "get" Deadman. Although perhaps it will have a bit of a "Quantum Leap" feel -- more jumping bodies, less time jumping -- that regular folk (hey y'all!) would enjoy.

Gratuitous Scott Bakula image:

Now the question is, who plays Deadman? And how do they get that outrageous red circus costume to translate to TV? A little garish for my taste...