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American fans of the legendary Japanese director Hayao Miyazaki have been waiting patiently for the translated version of his latest animated effort, "Ponyo on the Cliff by the Sea", to finally make it to a theatre near them.  Released in Japan almost one year ago, the film about a young fish who dreams of becoming a human girl has already been saddled with the superlative Miyazaki is most associated with - "Masterpiece".  Thanks to Studio Ghibli's pact with Disney, the English-language version of the film (now called simply "Ponyo") is set to arrive stateside this August and - unless this trailer is wildly misleading - the term masterpiece probably does apply.  "Ponyo" features the voice talents of Cate Blanchett, Tina Fey, Matt Damon. Liam Neeson and Betty White and will hit theatres on August 14th.

Catch the official trailer after the jump.

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