the ride is 'alright'. It's a decent time filler when waiting on a different ride, but nothing spectacular. Dinoland itself feels terribly cheap and 'thrown together'. The whole area struggles to keep foot traffic, which is sad considering what many have said about AK being a half-day park. I agree with the half day thing, as well as DHS being a quarter day park (now that Osborne is gone and we always go to WDW the first week of December). The simple fact that Dinosaur and Dinoland proper is really never that busy is a testament to the fact that the land needs something done with it.
that said, an updated and different Indy story that would replace Dinosaur would be right in-line with Disney's cheap *** thinking. They already have the ride system in place, new overlay inside it to incorporate Indy would be awesome. It wouldn't be a clone. Think of it as a different iteration just like HM and SM and IASW and BTMR and so forth.