Clash of the Titans –– the 1981 Geek mythology fantasy starring Harry Hamlin, Laurence Olivier and Maggie Smith, with memorable (if anachronistic) f/x from stop-motion animation master Ray Harryhausen — boasts a pretty hefty fan following, especially among Gen Xers for whom the movie is a geek pop touchstone.

Still, I think only Harryhausen zealots/purists believe that delightfully clunky block of retro-escapist cheese can’t be improved upon–perhaps the rare sacred cow that genre fans think should be remade and rebooted.

The new version, due in theaters March 26, is directed by Louis Leterrier (who’s already proven himself adept at improving busted franchises; see 2008’s The Incredible Hulk) and stars Sam Worthington (Terminator: Salvation; Avatar) as Perseus, Liam Neeson as Zeus, and Ralph Fiennes as Voldemort.

The first trailer is now here:

Some of my colleagues are raving. Me? Not sure. Is it just me, or does it look like Leterrier is trying to retain some of the vibe of Harryhausen’s scuttling, stylishly unreal creatures with state-of-the-art computer generated effects? I’m not sure I’m digging that. Coming after the sword-and-sandals glut of Gladiator, Troy, and 300, this new film feels not-so-fresh, even with the presence of magic and monsters. But never mind me — what do you think? Watch and post your snap judgments below.