MGM to Bring Back Red Dawn and RoboCop
MGM said at the Cannes Film Festival that Red Dawn, John Milius' 1984 movie about a group of American rebels fighting Soviet forces, is a candidate for a remake, says The Hollywood Reporter.

The studio's Harry Sloan and Mary Parent also confirmed that 1987's RoboCop could resurface in a new version.
Wooohooo!! Please, please, PLEASE don't let these suck! Especially Red Dawn!

I will say that with word of these movies being done and now a new Beverly Hills Cop in the works, it just proves how devoid of new ideas and creativity Hollywood is. They are now having to rely on past massive successes to continue their current success (though from what I've heard of the recent Indy movie, that is debatable). Now, this isn't necessarily a bad thing as I really like all of the previously mentioned movies (and 1980s and 1990s action flicks in general) but it does speak volumes about the current state of Hollywood.