Maybe it would be better being updated in modern 2D gfx but the way I see it is, if its crap, what have you lost? You can always ignore it and go play the superior original.
Unfortunately, it's not that simple. Kids of today will play (and probably even enjoy) the new version and then brag about how great the game is - and if they're shown the original, they'll whine how crappy that looks and the usual blah blah. Conclusion: more frustration for me.