He's spot on with my own view. Also-

When things have significantly improved, then, and only then, perhaps, and just perhaps, it is worth considering, and only considering, a full on re-make by a new fresh director for a new fresh generation. Or reboot or whatever the buzzword becomes in the next 50 years. IMO Star Trek is a good example of getting it "right".

Personally I still prefer Bakshi's LOTR, I just think the narrative is presented in a less boring manner. Pity he never finished the story.