It doesn't exactly fill me with confidence. As far as I know they've never actually made a game of their own, instead they've only ever ported games across platforms. It needs to be bespoke tailored to the new pacing and game design and, well, just made better in many cases (like sidequests, character loyalty system etc.)
Even writing needs expanding because taking what was in the original 1:1 and dumping it into a super realistic game doesn't work. Like from the ground up, everything needs re-doing. It needs more than simple modernising, as a nextgen title it needs completely re-doing sympathetically around the original plot and characters. But it has got me thinking about what it would be like, and I have some concerns.
I got a nice surprise when this popped up, I'd heard rumours but didn't think much of it.