Update: TV Guide says Paula will not be doing Star Search after all. Did Simon swoop in and lock her down for his X-Factor show next year?

Paula Abdul may be returning as a judge to reality television but not in the role you may think.

Entertainment Weekly is reporting that Abdul is finalizing a deal with ABC to star in the remake of the show Star Search.  The formal Idol judge will most likely be used in a combination of both host and judge. 

ABC reportedly offered Abdul a 1 million dollar deal to appear on DWTS but this obviously never came about as the singer/dancer will not appear on this season of the show.

Star Search will make its debut in the summer which still leaves Abdul free to join Simon Cowell in the fall of 2011 on his new series The X Factor.  Simon has said repeatedly that he would be working with Abdul again in some capacity. 

This is the third time Star Search has tried to make a go of it so if it fails this time around, I doubt we will see it again.  Is this a wise career move for Paula or will the show crash and burn?