Yes, the legend is back. Ballantine India Pale Ale, made since the late 1800's until the mid-90's, is returning. The label owner, Pabst, is brewing it at Cold Springs Brewery in Minnesota. This beer helped kickstart the current IPA craze and inspired breweries like Sierra Nevada and Anchor Brewing for their pale ales. It is a pre-craft beer with a craft character - I know, I remember it well.
It will be 70 IBU and 7.2% ABV, the company has tried to reproduce the original recipe. (By the mid-90's it was lighter in all respects although still good). This hails from a time when the hops were not the current citric type, but more earthy/floral, more British in nature (as say in Fuller's beers, or Greene King, or Wells Young's pale ales).
Google for more details.