If the Mania team can make the rubber band fun, then they can keep the rubber band. The game could be called Chaotix Mania, Knuckles Mania or Sonic Chaotix if need be. The whole point of a Chaotix remake would be to fix the gameplay and level design, because that's what didn't work in the original. It wouldn't be porting a bad game, it would be upcycling a bad game into a good game. Sonic Team have historically held Chaotix in a much lower regard than Sonic 1-3K and CD, and Sonic Mania proved that remixing old Sonic levels is a viable way to create a new game.