That movie was extremely popular back in the 70’s and 80’s.
It wasn’t something I was running out to see, but to each his own for a fun time.
However, jury is still out on whether this movie or this kind of movie would be embraced by the young (under 35) people of today. There may be some dated references or parodies that the kids aren’t familiar with, but some of the jokes are likely to be timeless, if that kind of theater is your style.
Yeah, I’d question whether young’uns would react favorably to a remake. No idea, really.