I'd say give it a rest for 5 years or so, collect some fresh ideas, and then relaunch the whole thing. It's the only chance I see for it to become funny again. In the form it is now it's disgusting and a shame to it's former glory.
updated: 14.01.2012
playing right now: Xenoblade Chronicles
Hype-o-meter, from least to most hyped: the Last Story, Twisted Metal, Mass Effect 3, Final Fantasy XIII-2, Final Fantasy Versus XIII, Playstation ViTA
bet with Mordred11 that Rage will look better on Xbox 360.