With all of the remakes popping up all over the TV & film industry lately, The Twilight Zone definitely sounds like one that could have worked. It had great nostalgic value and great names guest starring. However, all of this obviously does not equal a long lasting series.
The series definitely had the right guest stars, but at times it felt as though the talent was wasted. When the plots were good, they were really good. But when the plots weren't so great, they were just ridiculous. And big names can't save it, no matter how much they try. While most of the stories seem like an interesting idea, some just don't seem to translate to the small screen that well.
Don't get me wrong, I absolutely watch all the reruns of this show that I can catch. It's definitely worth viewing--just prepare to either be amazed or really disappointed, depending on which episode you see.