That's not the point. You're saying it's unlikely for a company (in this case, Konami) to revisit old games/stories. Strider HD is proof that it's possible, not just for Capcom, but for most other gaming companies. There are many other examples of this.
But... they are not revisiting the old story.. they are doing exactly what I'm suggesting, a soft reboot, a refinement/remake of the old stories. Actually, I can think of an example of what you're saying.. Curse of Darkness. And Portrait of Ruin. You know how that turned out.
I don't understand. Are you saying the canon games "feel old" because they take place centuries in the past, or "feel old" graphics-wise, or story-wise, or it's been continuous from 1986 to 2008? A rebooted timeline would prolly take place centuries in the past too. Can I ask, what would be the difference if a new team develops a canon game that takes place in the year 1597, or a new team that makes a non-canon/rebooted timeline game in the year 1597? Using your logic, would one feel "older" than the other to you, just because it belongs to a legacy? Would you automatically like the "new timeline" 1597 game over the "canon timeline" 1597 game just because it doesn't have the burden of fitting into that legacy?
Simple, the old games were made ina different time with the spirit of that time. Say, someone makes a sequel to harmony of Dissonance, hardcore fans sure, will be impressed, but the other 80% of game sales public what? They would be scratching their minds, whi is juste belmont, who is simon belmont, etc. They just won't bother. And tell me that if said story was ultra deep serious wouldn't feel forced knowing which kind of game it comes from? it will. Now, if someone makes a remake of HoD with expanded story and stuff, say, it's the fourth game on a series that starts with a Cv3 remake that has a prologue telling the LoI story, people will feel better and the games less "heavy" on old knowledge and most importantly, modern, as like it or not "story driven" is the present.
To put it simple for you, a game in the old canon will relegate the franchise to its pre 2008 niche again. Because those are the only ones who know the other 25 games of that canon, made worse by the achronological order.