This wouldn't happen, but you know what could fix the issue of the first film's villain that upset a lot of Mission Impossible fans? Have Jeremy Renner play Jim Phelps, Jr. He's under the shadow of the fact that his father (and stepmother who was younger than him) were traitors. And if he takes over the franchise, the names of his team members can be Rollin Hand, Willy Armitage and Barney Collier. Thus the "character continuity" of the TV series is preserved.
Also, random rumor of the day: Kristin Kreuk is auditioning for one of the IMF team members.