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you make a great point

if I was in the film budniss, I would have someone go through terrible movies with great premises that were not executed properly, figure out what they did wrong, and then redo them properly

The Incredible Hulk.

I guarentee we'll be hearing about this within 5 years: The Last Airbender. They'll probably wait for the Shyamalan thing to blow over and let the sequel series do it's stuff. The people at Paramount are probably going to notice the ratigs to "The Legend of Korra" and more importantly the demographics. Hopefully they'll take the source material more seriously next time since they are literally sitting on the next Lord of the Rongs or Harry Potter franchise if they do it correctly and respect the source material, and hell have the people who made the original source material greatly involved in the adaptation.

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Waterworld

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I really don't see the hatred for this film. I honestly thought it was fairly decent. Yeah it could have been better, but I didn't see anything particullarly terrible about the film.

I want to see a shot for shot American remake of Werckmeister Harmonies. In color of course.

It probably wouldn't be hard to find good stories that were poorly executed, but that's not why Hollywood remakes films. It's not about easy content creation, it's about built in marketing/branding.

Ocean's 11 is a great example of this working out very well. The original is a muddled mess.

The Wraith

Last Starfighter.(I actually liked this one but understand its panned)

Highlander franchise. Terrible after the first movie