I don't believe for a second any reboot or revival is in the works. They're just gladhanding fans of these shows.
As for Chris McKenna he was lovely, but I understood why they recast because he looked very young. I remember them chemistry testing him with Reiko Aylesworth's Rebecca not long before he got let go and it looked like she was Mary Kay LeTourneau. Nathan became a star years later and has always been a wonderful and gracious ambassador for OLTL, but the story with Dorian was his only good story. I would've just brought McKenna back before the end though, because he and Nathan Fillion were very similar in look and temperament, though McKenna was and is not enough of a traditional soap hunk for ABC - they absolutely would have cut him for someone 'hotter' no matter what eventually. Anyway, he is absolutely my favorite.