Nzoomed, my suggestion was to make an E6 compatible film with the same color response. I think this could be a hit with people who, for days and months and years are wishing to be able to see K25 and K64 colors again. PE has mentioned that this is doable.
The Kodachrome processes are way too long and complex to be a good choice for a film in the XXI century... As for making the actual Kodachrome-compatible film, i am no photo engineer (pun intended), but I could bet that is easier to make a K14-compatible film than to make an E6-compatible film, since the structure is simpler.
And Photo Engineer has said in the past that of all films (B&W, C41-type, E6-type), the E-6 films were the most difficult to design due to various factors. So if our heroes at Ferrania can engineer a E-6 film, then they can engineer any other film.
Curiously, i was reading some back issues of Pop Photo on Google Books and found a test of
3M ColorSlide 640T against Kodak Ektachrome 160T. It is the year 1980 and with this film 3M (made by Ferrania, Italy) is now the undisputed fastest slide film:
https://books.google.com.pe/books?id=txFmVbE2EoUC
From the test, the conclusions are that the colors are really good, "realistic", and that it can be pushed to ISO 2560 (!!), which is amazingly fast for a tungsten balanced film even today. The downside is that it was noticeably grainier. Of course that is expected, if it is 2 stop faster than the Kodak product. But i would love to have this stuff in 120 format, where grain would not be a problem, in fact, it could be an asset (sometimes medium format looks too clean!)
So in 1980, the engineers at Ferrania were able to compete against Kodak... That means they had pretty good resources, at least in 1980.
It is curious and surprising than in 2016 the ones who will "save" color film did not come from Rochester nor Leverkusen nor Japan, but from Liguria. Perhaps
Wolfen will also want to come to the rescue and produce color film as well?