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Apparently this manga has just recently entered anime production. Don't worry guys, it is better then the name suggests. This Gundam anime takes place right after Char's Counter Attack in the U.C. time line.
Here's some wiki info on it:
http://en.wikipedia.org/wiki/Gundam_Unicorn
Here's more confirmation on the anime:
http://www.mahq.net/animation/gundam/gundam.htm
Scroll down to the bottom of the page and there it says it is in production.