A remake would be awesome because...
In the land of Caprona all life forms have the potential to evolve into a higher form. Fish literally crawl from the water and become amphibians, amphibians become reptiles, reptiles can then change into mammals or dinosaurs and the mammals into apes that eventually become men.
Can you imagine the looks on the sailors faces as they see some of these thing transpire right before them and with modern day CGI we'd actually get to see it literally.
Lastly, why not film it like Peter Jackson's 'Lord of the Rings.' in that they could shoot the entire 3-book story in one filming and release the films a year apart in the theatres.