Personally, from seeing the show when iw as kid and now, it stinks compared to Beast Machines (CGI BABY!) and maybe a few Japanese Animes.
If they do a new one, maybe with Dolphin Mario, they should make it 3d like Beast Machines. THEN you'd have a show. Get good writers (Maybe Fan Fic writers) to do the stories and high computer machines, there'd you have it!
Ahhh... but who knows... tillt hen, I have Mama Luigi and Gopher Bash on tape... =P