I'm sure you've heard of film colourization. I don't think I can say I've ever watched a B&W movie and thought "wow I wish this was in COLOUR!!!!!"
Maybe they should go back to Jurassic Park 1 and 2 and raise the level of believability to Jurassic Park 3? Did you know the only reason the effects are so refined in Jurassic Park 3 is because of the experience they had making the previous movies... heck it's the same with Star Wars. There's a difference in the quality of the special effects between Star Wars, Empire and Jedi... and there's a difference between Phantom, Clones and Sith too.
The movie was made in 1977.... it does not have to be censored. They can remake it if they like, like they did with the Omen (great movie) - or The Hills Have Eyes (great remake there too)... Start from scratch if you want it at the "level" of the P.T.
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Did you know when I saw the omen remake with a mate on the 6th, he said (he says a lot of silly things) that 1. he thought the movie was a rip-off of final destination (which is so stupid as the original predates it by more then two decades), and 2. that he didn't find the idea of showing a dead body on the cover of a newspaper to be realistic because papers wouldn't be allowed to do that. And I'm like W.T.F.??? Why should they have to censor reality, that's so stupid (and dangerous thinking really)... it's thinking like that which is why all the fireworks I could buy are lame... and we can't have the good ones... and hell I hear in other places, such as most of australia you can't even buy ANY fireworks! W.T.F. is the world coming to? And get this, the RSPCA is always trying to ban them because they distress DOGS! DOGS! W.T.F.? I don't know what they've been smoking if they think that dogs should be put ahead of HUMANS!! People can't have a bit of fun and enjoyment with their friends and communities because of DOGS?! By the way dogs annoy the hell out of me so much by barking over their fences all the time, that I just don't see why they can distress and annoy the hell out of people who don't even own dogs... but according to the RSPCA people who don't even want to own dogs have to make provisions for dogs that OTHER people own - the same dogs that annoy them all year? Hell! W.T.F.??!
The Omen was made in 1976. The Hills Have Eyes in 1977. Star Wars - 1977. Remake it, don't re-edit it. Or don't remake it, it's fine the way it is in its original version.