“Rise from the grave!” (+5 geek points for anyone getting that reference.)
According to Slashdot, what Big Blue is contemplating would indeed be a beastly alteration on its original creation. The revivified operating system would have a Linux core and undoubtedly all of the higher level layers that adherents praised and critics scoffed.
Sadly, the reasoning behind this doesn’t appear to be for the enjoyment of the two people CmdrTaco identifies as haveing used and enjoyed OS/2 (yes, I was one of them), but rather as a drop in replacement for aging installs of the last gasp of the retired platform, still in use inside of the software giant and a few other institutions.
If they do pursue this idea and release it publicly I probably will stand it up on a VM, just for nostalgia’s sake.