According to Just Jared and Variety.com, this is something that could be happening! It would be produced by Netflix and "...the serialized "Wet Hot" would seek to reunite many of the original cast members who would play high-school-age characters despite the fact many of the actors are currently in their 40s."
Part of me wants to be really excited. Then, reality comes around, taps me on the shoulder and says "remember how Arrested Development 4 is sitting in your Netflix queue because it sucks so much you can't even finish it?"
So, I don't know if I feel