Remaking the "Chzo mythos" games isn't a new idea.
Some people werr going to make a 3d version of 5DAS, only they were going to retcon it in later continuity, have tje Tall Man pop up and wave at the camera every so often and stuff like that.
It worked well as it is, I don't think updating it would be a good idea. Especially if they change the music.