I was scratching my head and saying "WHY????" when I first heard about this.
I have to say, this trailer is seriously dammed creepy! I hope they nail it. The original is a tough cookie to stand up to. Wonder if it will be the trilogy all over? Interesting marketing ploy on this one too. Opens in theaters on 6/6/06.
As a side note, many years ago I read the book "Omen IV". The story followed right up after 3 when Damien was killed. In 3, he was stabbed with only one of the knives/daggers which extinguished his physical life, not his spirit. To truly kill him off for good, all of the knives/daggers had to be in him in the sign of the cross. Thats where 4 starts off.