This movie needs a reboot. The Comic Book Series has a lot of differences from the movie that could be reconciled. An R Rating was the original intent, and better writing could be employed.
Edit:// Nothing would be more Anti-Woke than Cool World as an Aesthetic. Paramount's idea was to make an Adult "Who framed roger rabbit", but the movie bombed, becoming a cult classic in "so bad, it's good" like The Toxic Avenger. The Aesthetic of Cool World is the Toonified Seedy Urban Adult Nightlife. Neon Lights and Flashy Club Harlots. Booze and Gambling. Violence & Debauchery. Sex as Conquest. Corrupt Cops & MegaPirate Criminal Heroes. The Eternal Adventure of the Urban Night, warped into Adult Animation in the style of Ralph Bakshi. If all of this were brought to bear, with modern techniques, "Who framed roger rabbit" could be a goalpost of quality that is exceeded.