Well I can live with the revamp as long as they give the mood of it right, make the player *feel* like this is what Max would do, giving the current situation. Besides, a change of pace is nice, but as I said before, make it right.
Times change, there are other places and situations that would make a good story, not just mafia and corrupted policemen in LA. I agree, the setting is pretty much a big story for Max Payne franchise, but I won't hold to it desperatly as long as the new one will compensate the loss.