It certainly did not have good writing. It tries to imitate a boring tv show and succeeded but didn't do anything good. Trans-media intertextuality boiled down to name dropping Steven King every other line and some random Twin Peaks references. The concept is interesting until you actually play the thing. Concert fight was kinda memorable I guess, but only because the songs played at the end of Dark Carnival wern't that good.
My first reaction was also a loud "Why?". It came out on PC in 2012 and still looks perfectly fine. But if you consider it from a Sales and business perspective instead of an "artistic" one or whatever, I imagine a "Remaster" of even a 3-5 year old game is rather low effort and might make a lot of sense, just look at Mass Effect or similar.
This is why the Sony brand is currently circling down in the toilet bowl. Jim is an old asshole who has no idea what people want. He didn't even clarify if the PS1&2 GTs were drawing in crowds or not, simply made an observation that they look old.
As Steve Kang once said: Drink this suspicious coffee(poison)
