Sorry, continuity would be the appropriate term. The rest of my point still stands.
I think you're right it would have happened, but who cares? By doing what they did, pussy-footing around with a reboot/not-really-a-reboot they're getting flack from all sides. Better to do just what they really want to do, while still showing respect to the characters and the mythos -- especially since it's only a matter of time before a real straight reboot actually happens.