Well, to be fair, it's not a continuation of the franchise, but a remake of the original, which isn't quite the same thing.
Moreover, I'm HOPEFUL that it won't become the campy sequel-fest most popular horror movies degenerate into because it seems like this group of remakes of classic horror films have been mostly 1-shot deals. Texas Chainsaw Massacre, Halloween and Friday the 13th have all been remade in the last six or seven years, and so far as I know, no sequels have come from the remakes yet.