You know, it has almost become a moot point to get bent out of shape about remakes anymore. Eventually, everything is going to be remade. Hollywood hasn't gotten a clue that real fans don't want them, but as long as everyone throws down their hard earned cash for the damn things it's just going to be a hard fact we're all going to have to swallow. I hate it, believe me, I'm very vocal in my feelings about such treatments, but there's nothing anyone can do to derail that particular train.
Creepshow might not be too objectional to remake. Stephen King is rarely involved in options for his films. Romero isn't the greatest of directors around and Savini is good, but check out his protege Greg Nicotero's work. Get a good screenwriter, a director like say Eli Roth or Don Coscarelli and KNB-FX and I can see this sucker actually being done quite well.