This story started a few days ago when an EZY employee suggested a LPL-IOM-LGW-IOM-LPL 'W' rotation was being considered with an aircraft that is surplus to the EZY LPL base's summer programme.
If it does ever happen, it would be interesting to see if there is enough business on these routes to make a 156 seat A319 viable. After all, Flybe don't often fill a 78 seat Q400 to LPL or LGW from the IOM.