The first game was rather simplistic as well, there was nothing elaborate or groundbreaking about it - but it filled a nice niche back in the day, and the Greek mythology aspect of it, fighting fantastic creatures you'd only heard of in fables and were rarely seen in action combat in a videogame was very enticing.
I doubt there's demand for that in this day, the genre is rich and deep with very well done ARPGs and everyone has grown a bit numb to the awe of fighting these creatures. That said, I still have good nostalgic feelings about it and I want to give it a shot.
We'll see how it turns out.