A solution to the inevitably horrible reboot
How about making it a sequel? Same score - go hire the remaining members of Queen. Same actors - Sam Jones, Timothy Dalton and Brian Blessed still look good. NO lazy CGI nonsense - matte paintings, dye in fish tanks, giant miniatures.
Flash and Dale in their old age decide to come home to see what's happened to the world they risked their lives to save. They return only to find this toilet. The US government is the new version of Ming the Merciless' dynasty. They are captured in similar circumstances to the first movie but instead have to escape incarceration and save earth from Uncle Sam the Merciless. (Lord knows I'd love to see Hawkmen descend on the White House and Congress and clean them out - then spell 'You're Welcome' in the sky afterward.) As a fan of 80's optimism I'd like to see them save Earth and teach a life lesson about bravery and love for your fellow man - but the realist in me knows the only way to end it is with Flash back in Mongol knocking the moon out of orbit to flush this toilet just like Ming tried to do. See, it kinda comes full circle. It'll be like Star Trek IV only where we all learn a lesson about what a**holes we've all become with a brilliant soundtrack.
OR it could be the same tired nonsense we expect it to be.