I think I vaguely remember this show.
Cartoon Network hasn't had much success with these reboots. I really was into the Thundercats show, but it's already canceled. A few years back, they did the same thing with He-Man, which didn't last. And even before that, they did it with Johnny Quest. Huge marketing campaign, as the show aired on every channel Turner owned (CN, TNT, TBS) and it still failed.
Hopefully this one works out better.