A few months ago J. Michael Straczynski announced that a complete reboot of Babylon 5 is coming. His rationale is that he's grown as a writer since the original series. He wants to see how Babylon 5 will be now that he's armed with a deeper toolset. I can respect that.
I think JMS could make that work, a lot of others not really.
Get a hold of his autobiography. Talk about a dysfunctional family growing up.
The audio version is narrated by Peter Jurasik. You get a tiny bit of Londo Mollari.