With a big budget and the appropriate cast this can be one of the most awesome movies of our time and easily the best remake.
http://en.wikipedia.org/wiki/The_Dragon_Lives_Again
To sum up the plot:
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Its a one of those Bruce Lee exploitation films but its easily the best one of them all and one of the best ideas ever.
Okay Bruce Lee is in hell and he's fighting tons of pop culture icons, James Bond, Clint Eastwood, Dracula, Zatoichi, some pornstars, The Godfather, the Exorcist, and so on. Along the way he teams up with Caine from Kung Fu, Popeye, and The One Armed Swordsman. Eventually Lee and the gang take on the King of hell. [/HIDE]
How is this not awesome?