H.P.Lovecraft Cthulhu Mythos

I've been reading a bit of H.P Lovecrafts works and came across some interesting ideas that sound familiar.......... In his Cthulhu Mythos there are a couple of interesting characters [b]The Great Elders[/b]- ancient powerful dieties from space once ruled Earth and had a philosophy of cosmic indifference [b]Dark Water God[/b]-Malevolent entity trapped in water resembling and octopus/dragon/human In his book Mountains of Madness he refers to the Star Spawn who warred with another race called The Elders before the Dawn of Man I seem to remember reading somewhere they were going to make a movie based on Mountains of Madness but they pulled the plug for some reason??? anyway..... I wonder if P2 is going to take us to meet this Water God?