Remaking a film like Total Recall is ridiculous. It is far too new to be a high earning film when people can pick up the original on DVD for less than a fiver.
These days everyone has a DVD, vhs or access to the internet and can view films made in the last 40+ years whenever they want.
30 years ago, there was very little home video access, so updating good old black & white or low budget films with modern day techniques made sense then. Without the instant access to films at home people would flock to anything decent in the cinema. These days they are less likely to go in large numbers unless its original.
I don't think there is a big enough jump in film technology for a film made in the 90's to be interesting enough to want to see it updated - unless some idiot studio head thinks everything neeRAB to be seen in 3D!
They should have replaced some of the dodgy effects in the first one and added new cgi if they wanted to do an updated version. It made Lucas a lot of money when he did that to Star Wars.