Torchwood Remade for the U.S.?

Dark Horizons has a story about plans to remake Torchwood for an American audience. A joint venture between Fox and the BBC, Russell T. Davies (the showrunner behind Torchwood and Doctor Who in England) would helm the remake. They either may cast entirely new actors or keep John Barrowman in the role of Captain Jack (who's American, after all) and cast a new supporting cast while keeping the show in continuity with the original (since only Gwen, and to a lesser extent, Rhys, are all that's left of the original cast, that's not a big deal).

Having 22 episodes of Torchwood every year would be awesome, but (as the post notes), Fox would likely severely tone down the show and even omnisexual Captain Jack would probably just be turned into a straight, ladies' man type. If the show has to be an American production, I'd rather see it on HBO or Showtime . . .