I'd totally be down with that... I loved that show for most of it's run, although it sort of went to hell at the end.
I dunno, though... You'd probably have to set it in the past, no later than the 1990's. Given the current state of the world, the premise of the show might be a bit tricky to pull off, and you'd pretty much have to make the damn thing low-orbit capable and run by a functional AI to be impressive relative to the level of technology in today's modern attack choppers.
On a similar train of thought, though, I bet you could probably do a pretty decent remake of the movie Blue Thunder, since a lot of the main themes of the film are just as relevant now as they were then, maybe even more so.