On the bright side...
First of all, I'm still stoked. I'll go see it even if it does suck and at least take this away from it:
It's not an American remake of the first film!
A lot of the reviews I've read are hammering on it saying it rehashes a lot of elements from the first 2 films and somewhat Americanizes it. I get the impression Tsukamoto is throwing America a bone to keep us from doing something horrendously stupid, i.e., remaking Tetsuo: The Iron Man ourselves.
Now if we could just get Hollywood to leave Videodrome and Hellraiser alone, I'll be happy.