I think people are confusing "modernizing" with actually changing the art style. The former will just bring the series up to part to relatively modern productions, while the latter means literally getting an artist to redo the character designs. For this series, it's likely we'll get the former rather than the latter, unless they stick to the manga designs this time around...
And in all honesty, if they manage to give the transformations the same kind of sparkle and shine as what we're getting right now in Smile Precure (this season's MG show for Toei) then I don't think anyone will complain.
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