I think that is the secondary reason for choosing SR over Blood Omen 1. The primary reason being the popularity of the Raziel-led part of the series. But SR is mechanically modern enough that a fresh coat of paint and some QoL updates to swimming etc would still result in a playable game. Blood Omen, in contrast, needs a 'from the ground up' overhaul.
But, imo without Amy Hennig there is no value or merit to rebooting Legacy of Kain. To be blunt, the talent isn't there today. The visual identity, the writing, the voice acting. There isn't anything like this series today. It was lightning in a bottle and a remaster is realistically the best this era could do for LoK.