I saw the trailer at the beginning of Wanted last night, and the observation I made at the time was that it will either be incredibly good or incredibly bad.
They've got the right cast to pull it off, and the visual effects look pretty damn slick, really the determining factor is whether the writers and director recognize that it can't be anything but a gritty, cheesy car-chase-and-violence fest and try to make it a good one, rather than try to make it fit the standard concept of a "good movie" and not only fail spectacularly but hurt it's ability to do the one thing it's going to be good at.
The way I see it, the obviously very sparse plot could work very well or very badly. If they recognize that it's going to be "Car Wars: The Motion Picture" and treat it as the gory campy spectacle of bad taste that it will inevitably become, it will at least do it
well.
I've never actually watched the original, but from what I can see, it looks to be developed from the same style of cinema as the original Rollerball. It was even released in the same year. This basically means I intend to see it soon

And incidentally, if there's any movie that's better inspiration for Shadowforce Archer than Wanted, I haven't seen it. The finale was the only part of it that couldn't be replicated with SFA with only minimal tweaking (and stripping out the technobabble) is bit at the end of the standoff.