I personally enjoy the first halo the most ,but I think what they are doing is not going to prosper at all well.
I could not care less for the halo reach graphics, I also did not enjoy the game much at all. I personally want the halo games to go back to the original.
Especially the health system with med kits.
If they just dress everything up, then it would not be a real remake either. So this may be a texture pack that they will integrate to the game somehow...
I am willing to give it a chance, but I am not holding my breath and I am indifferent at the moment about it going through or not.
They at least better keep the original voices... (Well so much for being indifferent about it)
IGN has an article about it too.
http://xbox360.gamespy.com/xbox-360/halo/1147901p1.html So this is not just from one source, IGN is trust worthy ,but they are what you make of them.
So yeah, after about five minutes from my original comment, I am now kind of excited...