The brits did this a few years ago (not animated - set in the 1890s). As awful as it was (the animation was not good. Not good at all).. but it was also more true to the book than anything I've seen come out of Hollywood.

I still say a good remake of "war of the worlds" is Independence Day.

and generally, I've never seen a Tom Cruise movie I cared much for. For the most part, he seems to be just a pretty face over cardbordium alloy.