How the original vs the remake worth the hype? [v5]

There is a lot of conflicting advice online and most of it is from 2019. Spent the last few weekends digging into this and the deeper I go the more questions I have. This came up at a meetup recently and the room was split, so curious what the broader community thinks.

Long-time lurker, first-time poster. Not sure if this is the right place to ask, mods please remove if it is not.

For context, I am working with a pretty modest budget so high-end suggestions probably will not land.