The Digital Bits is reporting that, according to "multiple independent sources, including reliable industry insiders," James Cameron has been (or is about to begin) working on a new high-def transfer and master of
The Abyss, presumably with the aim of releasing it on Blu-ray. The Bits also says that one of its readers recently asked Cameron specifically about this title, and the Canadian filmmaker replied that he was about to start work on a new transfer "using the same process he did with the
Aliens Blu-ray."
All of the above is unofficial until there is a formal announcement from the studio.