I think the things that it did effectively, that are enduring, can easily be carried over - the character design and the overall aesthetic (imo).

More polished animation and better voice acting - and maybe even taking advantage of some of the better X-stories that have been told in the last 30 years or so* - and this could be a worthwhile endeavor indeed.

* - Admittedly, I can think of maybe 10 that are legitimately really good lol. Still, that's a season worth of content!