That money was, in fact, put to use, and a trailer is now out for the movie, which is scheduled for release in March.
I only watched the show a couple of times, though thought it was well-done. A childhood friend, John Kretchmer, however, directed a lot of episodes (that's generally when I watched...), and only has great memories of the experience. In fact, he said he thinks the world of series star Kristen Bell and even has stayed in touch with her over the years.
(I remember recommending to John that he go see the L.A. Opera Company's production of Stephen Sondheim's A Little Night Music, which I'd gone to the night before. It wasn't because the production was so great -- which it was. Beautifully staged with great simplicity, and starring a great cast that included Judith Ivey as Desiree, Victor Garber and Zoe Caldwell as the grandmother. But in a very small role as Desiree's daughter was Kristen Bell, even though she had already started doing Veronica Mars. Given that she was at that point the star of a network TV series, I've always admired that she not only did the musical, but took such a small part. She had done the role a couple of years earlier, when the show played in Washington, D.C. Here's a photo from that earlier production --