MySpace is about to receive a big boost in production values and a significant reduction in its already negligible level of hipness. Ed Zwick and Marshall Herskovitz, the team behind the intolerable Thirtysomething and the far more tolerable My So-Called Life (thanks, Claire!) will be premiering Quarterlife on MySpace November 11. The series (derived from a TV show of the same name that ABC kliled back in 2005 after the pilot aired) will feature six twenty-somethings. The rest of them don’t know that one of the crew, Dylan, has been recording their misadventures and sending them all over the intertubes through her vlog. Quarterlife will run for at least 36 eight-minute episodes, and the producers are promising great things. According to Jeff Berman, the general manager of MySpaceTV, the series will offer “the highest-quality serialized content ever to appear on the Internet. We’re talking about the same production values as 24 or Prison Break.” You can watch the trailer and judge for yourself.

So far, so good. Considerably more sketchy is the press release for this project, which BWE received and promptly posted. (Agent Bedhead was snubbed, a decision the publicists will live to regret.) A partial quote:

Think a group of hot twentysomethings in the digital generation trying to find their place in the world, make a mark in it and escape with their sanity. Think you and the viewers will be hooked on it with the hotties, angst and production values etc it’s set to be H.U.G.E!

H. U. G. E. This thing reads like it was written by someone who thinks it’s still 1990 and they’re still a really cool teenager, or possibly Dina Lohan. Think the series itself will be just as awkwardly trendy? The Magic 8-Ball says all signs point to “Yes.”