+1
Yay, with an asterisk.
I'm of the opinion if a film does poorly, and a decade has passed, remaking it is fine, because there's a possibility the film may be an improvement upon the original. On the other hand, if a film does spectacularly, or becomes a beloved piece of cinematic history (Wizard of Oz, Gone With the Wind), then remaking it is tricky as hell. If you're super lucky, you get an amazing cast, a fantastic crew, and a fresh way to approach the story, and it becomes a hit (The Ten Commandments [1956]), then congratulations, you beat the odds.
That said, what's likely to happen is a terrific film is remade on a (relatively) smaller budget, with lesser talent, smaller vision, and a cliched approach, and the film bombs.
What I'm trying to say is don't do it if you don't plan on blowing the doors off of the original. Anything other than "this will make me a billion dollars and I will buy my own Hawaiian island with the money while they build statues of me on the corner of Hollywood and Vine" is destined to fail.
Example? Ben-Hur. An epic story that holds up well, even 58 years later, to the point where it is now considered a cinematic masterpiece. So what happened? It got a remake last year, and it underwhelmed as a result. Why? It was an updated version of the 1959 classic, but without anything to really set it apart. You have to wonder who at the studio said "yeah, we'll remake this classic to almost no fanfare, little advertising, and a paint-by-numbers retread" and wasn't immediately booted out of the building for having the temerity to even offer such a subpar notion.
TL; DR - Sure, if the original sucked, or the classic can be approached in a fresh, new way. Otherwise, nay.
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