Yeah. Look at Superman, for example.
They did a soft reboot in the early 70s: Wiped out kryptonite, weakened Superman, made Clark a TV reporter, etc. But by the early 80s, kryptonite was back, Superman was back up to silver age power levels and Clark was working for both GBS and the Planet.
Then, Byrne came along and did the hard reboot. No other Kryptonians, a less powerful Superman, a sterile Krypton, not being friends with Batman, etc. But then DC quickly brought in a new Supergirl, a new Superboy, etc. and we even got a more "silver age"ish version Krypton eventually. Meanwhile, Superman was getting more powerful, while he and Batman became buddies again. By the end of the pre-New 52 era, Superman was pretty much the same as he was pre-Byrne, except for the Lois-Clark marriage.
I suspect we'll see the same sort of thing again with this latest reboot as writers come in and insist on playing with the characters and concepts they grew up with.