Everyday, come rain or shine or internet tubes breaking, Film School Rejects showcases a trailer from the past. Today’s trailer is a re-issue from the 1980s for a movie made way back in 1963 that told the true story of King Arthur and Merlin. Fortunately, it comes with a bonus commercial for a yellow cartoon bear that loves to eat honey and forget things. Think you know what it is? Check out the trailer after the jump.

For the record, I resisted the urge to make a pun about Warren Ellis pulling the script for Excalibur out of a stone. Although it’s a possibility.

Brian Gibson loves to buy DVDs. Come with him on his weekly journey into the depths of credit card debt as he tells you what to buy, rent and avoid.