Jackie Earle Haley (Rorschach in Watchmen, the child molestor in Little Children) is confirmed to be cast as Freddy Krueger. After his performance in Little Children, I think he's got the child molestor/murderer part down pretty well. I'm just curious about whether he'll be menacing enough.
Personally, I'm not repulsed by this, as I've enjoyed the reboots that Platinum Dunes has made. They made Texas Chainsaw Massacre far more bearable, as well as Amityville Horror. They actually made Friday the 13th worth watching, since ya know...Jason wasn't even IN the first movie!!! The only thing I have issue with is The Hills Have Eyes.
One piece of beef that I have is that Freddy Krueger doesn't really NEED a reboot. The original is still so super fresh even today, both in terms of horror and special effects. However, I know that Wes and a good handful of folks from the original will have some creative control over certain elements.
All in all, I view this the same way I viewed New Nightmare: an updating of a classic. New Nightmare was excellent...so I don't see why this would be any different.