I'm sorry, but all those comments made me sick. "teh movie iz bad lik Sppee Racerz and Bullwinlez. Dey rape my chilhood XD."
First of all, Speed Racer isn't like every cheap crappy live action version of a cartoon series. the people behind it did reseach and actually watched the cartoons. They cared about the product. Sure, it was a titanic failure, but it's mainly due to people like that. Mayhaps they would have better liked the cheap low budget crappy film they were going to make in 93.
Heck, I think Spped was the only time they got it right. maybe since The first Flintstones... or even Popeye. Besides, what do they expect from something based on a Sports anime? Those things have notoriously repetitive plots, and focus mainly on the sporting even with a little side story. And this is coming from an ultimate Muscle fan.
Secondly, this is NOT a nostalgia factor film. This is a legit Fraggle Movie. We have never had this chance. We've had numerous near misses, but this time it's gonna happen. A Muppet film ISN'T gonna be a nostalgia grab. A SS movie isn't a nostalgia grab. but since Fraggles had nothing but false starts, and it took 20 years to get it down, it's a nostalgia film? I just don't get it.
Sure, if it was to turn out like Underdog or Gadget, where they stray from the original idea so far, you wonder if they just made a movie about something similar and slapped a franchise name on it to try to get fans.
Something tells me this is going to be a TMNT situatuion (though, TMNT was basically a floating sequal to the first three). It wasn't a relaunch, so much as a continuation. Fraggles don't need their story retold over and over, all incorrectly (much as I surprisingly enjoyed the Chipmunks film, I don't want to see any more inconsistant and off canon origin stories). And I feel it will make the movie better. Maybe a few things could be re-explained, but nothing too retreaded.