I get what you're saying and I think I would like to see that made, too. If they could get the price down it would be fun to have.They could have modernized it without changing so much. They did exactly that with the GSM StarTAC. Obviously both are/were going to be niche products to begin with. Most likely for the original customers of each respective device.
Looks more like they're trying harder to capture the younger generation or bring flip phones back in fashion.
The original RAZR is completely unusable today since it no longer supports cellular networks these days. GPRS died with TDMA and 2G.
It wouldn't have been that much a stretch to take what Alcatel did with the MyFlip and make a modern RAZR sporting that iconic original design aesthetic, but maintaining support for VoLTE, KaiOS, Bluetooth by modern standards, and some smart features.
Instead they did the same mistake that the modern "Palm Phone" did. Make a classic reboot but change too much. Palm Phone requires a paired phone since it's not independent, and they used Android (again) instead of say OpenWebOS which would be more "Palm" like.