I'm a fan of the series with my faves being parts 1, 3, 4, Freddy's Dead and Freddy Vs. Jason. This reboot/remake of the franchise should bring the series back on it's feet.
Not all horror remakes are bad, some can be good or great like these ones:
Dawn of the Dead.
The Hills Have Eyes.
The Last House on The Left.
Invasion of the Body Snatchers 1978.
My Bloody Valentine 3D.
King Kong (2005).
all good examples.