It was an attempt to re-invent the show for a different audience. Not like they are the first programme to do so, a series will either go on for too long or try to refresh itself. Like how the long running program Everybody Loves Raymond had a Russian version made in 2009 to rework itself for a new demographic.
Personally I would find it stupid if a successful show wouldn't try to cash in that way. This is about making money too, if you don't like the new show don't watch it.
think of it this way:
you've had this teddy bear ever since you were born and have always loved it. it has buttons for eyes and wasn't that high quality, but you've loved it nonetheless. now that you're older and never play with it, your mother decides to take it somewhere and give it better eyes and repair every tear it's had. she gives it to your younger sister. sure, you could ignore it. but think about it, you
loved it. you wouldn't like it if it was modified in any way, because then you'd know that all the old qualities that it used to have are gone and there are newer qualities that replace the qualities you loved. all because it was remade to be given to your younger sister. you wouldn't care if it were some new teddy bear, but since it was the one that you always cared about, it's a big problem.