I was as big a fan of B and B as anybody back in the day, but it's been so long I can't imagine a reboot can capture the zeitgeist. It'll be another in a long line of disappointing grave digging, I suspect.
I wouldn't bet against Mike Judge - he went on from B&B to create Office Space, King of the Hill, Idiocracy (painfully underrated), and most recently Silicon Valley.
He's one of the most important, insightful, and yet woefully underappreciated social observer/reflector of the past 25 years.
His understanding of humans is just uncanny.
Extract was only so-so.
Idiocracy is underrated? Pretty much anywhere on the internet you can find people who took its weird spin on eugenics as scientific fact.
You should really check out the 2011 episodes. I only watched them once, when they came out, but I still remember a lot of the jokes.