What Do You Think About a Remake of Fame?

My Recast challenges are all in good fun, but here's a film that actually will be recast in the near future: Fame. MGM COO Rick Sands has said:

"We'll update it, (but) we'll still keep some of the songs. The script is being written right now, but we are keeping it under wraps. There will be a strong musical component, though."

Groan. I'm imagining Step Up but with singing, too. And where will they get these singers? My money says they'll tap the ever-growing "American Idol" reject pile. But hey, maybe I'm being too cynical and it will be super awesome. What do you think about a Fame remake?