Sarah Palin Backing June Biopic; Is It a Promo Video for an Upcoming Presidential Campaign?

Depending on your side of the fence, it's either a good time to be Sarah Palin, or still a trying one.

With the Republican Presidential picture still taking shape, the former Alaska Governor and 2008 Vice Presidential candidate has neither confirmed nor ruled out a 2012 run for the White House. She's absolutely confirmed that Katie Couric won't get her stocking stuffed with a moose-sausage gift set anytime soon. And lucky her, she's received an upgrade from Tina Fey skit-kabobing her on "Saturday Night Live," to Oscar-nominee Julianne Moore portraying her in HBO's upcoming 2008 Presidential Election yarn "Game Change."

But we know the saying: if you want something done right, do it yourself. Consider that a fair enough explanation for why The Hollywood Reporter confirms that Palin herself is consulting with filmmaker Stephen K. Bannon on Bannon's self-financed $1-million biopic of the polarizing politico Palin.

Bannon has explained that his film will focus on Palin's closest friends and supporters defending her side of more than a few stories, including her surprise exit in 2009 as Alaska's Governor after less than a full term in office and the events of the 2008 Presidential campaign alongside John McCain.

THR claims that Bannon's project will not address her famously clumsy interviews with Couric that, depending on your vantage point, painted either Palin as a jibbering nincompoop or Couric as gosh-darn-don'tcha-know "gotcha" journalist.

Two cuts have been prepared for the film's June release in Iowa: a PG-13 cut, and an unrated one featuring unedited jibes at Palin by entertainers including Matt Damon, Rosie O'Donnell, David Letterman, Howard Stern and Louis C.K.

Media including THR have speculated that the film may be a fluff piece to prime supporters for Palin to announce her 2012 GOP Presidential candidacy.