It didn't ignore the first two films though, so I don't think it was a true re-start.
The problem is that Michael is supposed to be the personification of evil. Hes not supposed to be humanized. He was made less and less scary over time by introducing elements that "explained" him, like the sister plotline, Thorn etc.
ALL of the sequels suffer from this, so how could they make ANOTHER sequel without it following the same pattern? The only way I can think of to do this besides a remake is to ignore all of the previous Halloweens except the original and do a direct sequel to it. Otherwise you're dealing with the baggage of ****ty plots that take away the mystery and scariness of the character.