The latest trailer for the Quvenzhané Wallis-led take on Annie is out, giving us musical theater nerds and self-proclaimed Annie-connoisseurs new reasons to obsess over just how Will Gluck and company have adapted the movie to the present day. 

First and foremost: how they are changing the lyrics. The non-Jay Z-produced Annie, which originally opened on Broadway in 1977, takes place in Depression-era New York. While we assume that the new movie has no place for songs "We'd Like to Thank You Herbert Hoover" and "A New Deal for Christmas" (though watch out for when we're actually wrong about this) some clever switches are going to be have to be made to the more famous tunes. 

The trailer highlights snippets of two songs: "A Hard Knock Life" and "You're Never Fully Dressed Without a Smile." In what we hear of the first, arguably more famous, song, the line "when you're in an orphanage" is changed to "when you're a foster kid." In the latter song, the not-really-PC opening lyric, "Hey, hobo man/Hey, Dapper Dan," is changed to—we believe—"Hey, America/Let's turn it up." 

Who knows how they'll change lyrics referring to Oliver Warbucks, Annie's rich benefactor (played here by Jamie Foxx), whose name has been changed to Benjamin Stacks? Or whether they'll keep in the old-timey reference to "Kaufman and Hart" in the song "NYC"? 

As for the rest of the trailer Rose Byrne — riding high on her great Neighbors performance — gets a lot more airtime as Grace than she did in the previous trailer. This trailer, meanwhile, tones down the volume of Cameron Diaz's Miss Hannigan, which still looks like it could make or break the movie.