
1. Know what to remake. Stay away from iconic films like "The Day the Earth Stood Still" and "Guess Who's Coming to Dinner" PLEASE! They are never going to make a profit and will receive the ire of cinefiles like myself. Plus even if you make a fair remake that makes a small profit, it will always be compared to the original and eventually fade into obscurity a la Christopher Lee's "Dracula." Also stay away from iconic film roles. Jimmy Stewart will always be Mr. Smith, Peter Sellers will always be Inspector Clouseau and while it was a nice try, Johnny Depp will never be Willy Wonka.

2. Pick good obscure films.

3. WAIT! You want to know why "Let Me In" was a disappointment even if it was decent? It's because people who saw the cult original thought it was too soon to remake it. I mean 2 years? Come on! The rule of thumb is the more popular the movie, the longer you should wait but since that advice borders on common sense, I'll break

Obscure: 5-10yrs
Cult Favorites: 8-15yrs
Popular: 15-40yrs
Timeless Classics: NEVER
4. Don't make it a labor of love.
5. Understand the point. The reason why remakes like "Ocean's Eleven," "The Fly"

7. When you can't remake, revision. There are exceptions to all of the above rules but those

8. Understand that even if everything works in your favor, your

At the cost of being redundant, here is a short list of decent remakes and bad Remakes that I think highlight my point.
Good
The Magnificent Seven [1960](Seven Samurai [1954])

A Fistful of Dollars [1964](Yojimbo [1961])
The Departed [2006](Infernal Affairs [2002])
The Fly [1986](The Fly [1958])
Little Shop of Horrors [1986](Little Shop of Horrors [1960])
King Kong [2005](King Kong [1933])
Ocean's Eleven [2001] (Ocean's 11 [1960])
The Thing [1982](The Thing From Another World [1951])
Willard [2003](Willard [1971])
12 [2007](12 Angry Men [1957])
Bad
Rollerball [2005] (Rollerball [1975])
The Pink Panther [2006](The Pink Panther [1963])
The Day the Earth Stood Still [2008] (The Day the Earth Stood Still [1951])
Psycho [1998](Psycho [1960])
Charlie and Chocolate Factory [2005](Willy Wonka and the Chocolate Factory [1971])
Planet of the Apes [2001](Planet of the Apes [1968])
Clash of the Titans [2010](Clash of the Titans [1981])
The Time Machine [2002](The Time Machine [1960])
101 Dalmatians [1996](101 Dalmatians [1961])
Bad News Bears [2005](The Bad News Bears [1976])