I'd love it but they should definitely stick to the original as much as possible, especially with voice acting (Gray Fox sounds terrible) and cutscenes (they have some terrible exaggerations from what I've seen). Also, they're going to need music better than TTS. Not having played it I can't say much but its music doesn't seem as good as the original. Not bad either, though.
EDIT: Although I must admit we don't need a remake every generation. Still, it'd be nice if done the right way.







