Short answer: No.
King Kong vs Godzilla was a terrible movie despite the fact that it did well at the box office. I can remember another Godzilla movie that did well at the box office despite being a big let down *cough* 98 abomination *cough*.
I own every Godzilla movie ever made and have watched all of them more times than I dare reveal. As a child, I loved Kong vs Godzilla. As an adult, I hate it. Poor acting, completely crappy suit designs (Kong especially), and an even more horrible plot. Everything about it is forced and awkward without a single redeeming quality to it save for the fact that Godzilla is in it.
A remake would not provide anything new or exciting to us fans, and scaling up Kong once again without explanation or true cause would just be contrived and a slap in the face to both Godzilla and Kong himself.