HECK yes.
EDIT - And no need to spend a billion dollars on it. Just keep it at the SNES graphics level and release it as a downloadable title for the Wii/PS3/360 all at once, MM9 style.
--
thengamer.com/guru thengamer.com/xstats board8.wikia.com
I'd search B8 for The Show if I were you. *wink wink*