Agreed. And it also sounds like it will probably improve the ride. It's never been a 5 star coaster for me. If it was at a Six Flags it would just be one that I do if I have time. The theming i awful, so if they take this change to actually put some cool effects and things to look at instead of neon cardboard it would be awesome.
It's also extremely possible to separate Tower of Terror and the new RNC from each other through lands, and let Tower of Terror remain in Hollywood land or whatever they decide to call it. If you change ToT to anything, you'd basically have to change the whole street.