It would certainly reduce studio meddling. I suppose it depends on if the increase in "artistic purity" is worth the extra effort it takes to cultivate an intellectual property. I think Babylon 5 banked on that, but I was still in kindergarten at the time, so no comment.
On the other hand, the Battlestar Galactica reboot used the name to create something almost entirely new, bearing little resemblance to its predecessor. I suppose one could say it doesn't matter either way and that both approaches are equally valid, depending on the production climate these shows are being pitched in?
On the other hand, the Battlestar Galactica reboot used the name to create something almost entirely new, bearing little resemblance to its predecessor. I suppose one could say it doesn't matter either way and that both approaches are equally valid, depending on the production climate these shows are being pitched in?