This is the kind of movie that should get a remake. Instead of remaking classics that try to recapture their nostalgia and glory, remakes should focus on movies that had killer concepts, but poor, or badly aged, executions. I have a list of such movies, cool ideas, bad execution:
The Wraith
Masters of the Universe
Scanners
Children of the Corn
Van Helsing
Or awesome older movies whose themes and concepts are more timely than ever:
Red Dawn
Blue Thunder
Running Man
Strange Days