I wish they’d just stick to #2.
I'd prefer it as well if they need to do anything at all. But I get it, they are a corporation and they like making money and the live action remakes (mostly) sell. But if you are going to do such a soulless cash grab and peddle nostalgia, do it properly and don't try to make a statement with such a movie. Just churn it out with the same plot and characters and tweak it a little to try to improve the story if it fits and makes sense. The Jungle Book, for example, was a perfect way to do this - they kept the same basic movie, but expanded and enhanced it and actually made it better than the original. Some of the other ones had some small chances that were at least neutral and didn't mess up the stories that much - Cinderella, Aladdin, even Beauty and the Beast made some small changes that I don't think make them "better" than the originals but gave them some at least distinct features and you could see they try to address some "problematic" concepts but in a small way that (by and large) didn't alienate fans of the originals.
I'll also just say that if the company wants to try remake movies in an "improved" way, they would be better off focusing on less popular ones than on their gold standard classics. A new The Black Cauldron in live action that was better than the original would be a good idea. Maybe something like Wind in the Willows or The Aristocats? I'm just saying if you are going to remake a classic, just remake it because they are too beloved and too much a part of cultural tradition at this point to muck with them without annoying a lot of people.
That's just my take on how this films work out. I mean, if Disney is intent on them being financial successes and liked by the fanbase.
Ironically, I think Snow White is actually a good choice for an updated live action version. Quite frankly, I think the original among old school Disney really shows its age and is kind of boring and short and kind of abrupt. Using the original but maybe adding some other songs, having some more courtship between Snow and the Prince, adding some more time of Snow living with the Dwarfs, maybe a bit more action/heroism with the Dwarfs fighting and defeating the Queen, stuff like that could make it "better" without fundamentally changing it. Just spit balling. But I would do small stuff like that to flesh out the film and make it a bit longer - I would
not change the characters or the basic plot. I sure as heck wouldn't make the Dwarfs
not little people nor would I change their names or characteristics which is pretty much synonymous with the Disney story.