It at least looks like a fresh take with gorgeous visuals.
Also, some were questioning the lack of green filters that were consistent in the earlier installments. I think there could be plot reasons behind that, as this could be a new version of the Matrix as obviously it is based in a different point in human history with smart phones, etc. Could be the reason it is much more bright and vibrant, since I doubt the creators (or I guess creator) forgot about that key component on their earlier productions.
The trick will be to keep it fresh while still feeling based in the same universe. It does have a pretty different aesthetic at first glance.
I believe they won't pretend new guy is morpheus either. I think he will have a different name and is either his son or is a new iteration of Morpheus in some way.