Couldn't the same be said about Banjo Kazooie then? Since Yooka Laylee is pretty much a BK game reskinned lol. Besides, they've already given them a new playstyle with Impossible Layer being a 2D platformer akin to Donkey Kong Country. The way I see it they've got proper financial backing now, so a new Yooka Laylee won't have to take shortcuts and whatnot like the original which was crowdfunded.
Banjo-Kazooie was developed in 1998 or so, when a colorful 3-D cartoon world in a videogame was impressive enough that people weren't going to nitpick it. It was also back when wink wink nudge nudge fourth wall breaking moments were still novel and cute. By now, Banjo and Kazooie have nostalgia and name brand behind them, so that they still work, but that doesn't mean a reskin 2 decades later with no goodwill is going to work just the same.