The full trailer for "Oz the Great and Powerful" is here ... and it is a gorgeous, impressive treat!

The Disney flick follows James Franco's character on his journey from being a regular magician in Kansas to becoming the famed Wizard of Oz.

After being transported to Oz in a wild twister, he meets up with witches played by Mila Kunis, Rachel Weisz and Michelle Williams.

The new trailer gives us a better idea at the plot, plus new glimpses at the Emerald City, flying monkeys, an epic battle between Rachel and Michelle's characters and the Wicked Witch in all her glory.

The movie, from director Sam Raimi ("The Spider-Man Trilogy"), comes out March 8, 2013.

Are you excited? Sound off below!

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