Of course it is! Look at fairy tales, Robin Hood stories or Aesop's fables. Not every adaptation is good, but every now and then, you end up with a classic. W

Of course it is! Look at fairy tales, Robin Hood stories or Aesop's fables. Not every adaptation is good, but every now and then, you end up with a classic. What's annoying is how often companies like Disney take a public domain work, make an interesting derivative and then turn around and lobby to make it impossible for their derivatives to enter the public domain. They did, after all, benefit from the same public domain...