UPDATE: Time to squash another Veronica Mars rumor that seems to be gaining traction this morning - this one claiming the enitire supporting cast has been let go. Not true.

No one - not Jason Dohring, not Enrico Colantoni - has been released from their contract. According to sources, one of three things will happen in May: 1) Veronica Mars will be cancelled. 2) Veronica Mars will be renewed as-is, with V still in college. 3) Veronica Mars will be renewed with Veronica in the FBI. That's where things stand at this hour. I now return you to your originally scheduled Ausiello Report story, already in progress... You know what they say about rumors: Most of 'em are true. Except in this case. Lisa Kudrow is not - let me repeat, not - joining the cast of Grey's 2.0. As one ABC source flatly puts it, "All of the roles have been cast." And while we're clearing up false rumors, let me set the record straight about all this Veronica Mars fourth-season flash-forward business. Contrary to reports, Rob Thomas' retooled Mars would not take place at an FBI Academy, with Veronica serving as a trainee. Our favorite snarky sleuth would be an actual agent. Personally, I love the idea - even though it would probably trigger a major cast purge. There's also a rumor floating around that Mars' fate rests in the hands of Lauren Graham and Alexis Bledel. Maybe, maybe not. While one insider says, "Clearly, Gilmore Girls not coming back would help Veronica Mars a lot," still another insists, "One has absolutely nothing to do with the other." Either way, let's hope this whole mess gets resolved sooner rather than later. My faint heart can only take so much. Of course, if we had to pick Girls or Mars, which one would we save and why? Cast your vote below! (I have it on good authority that this column is required reading for Dawn Ostroff.)