I don't know that the series needs to be rebooted, but they reserve the option to do that after establishing an alternate timeline/reality anyway, so it's possible a kind of "soft" reboot will happen. If there's one thing I would like to see more of with this series, it's an embrace of the fantastic stuff, including the aesthetic approach taken--i.e., no more black leather suits or vacuum cleaner villains in the pursuit of "realism." But in general I like what they've done with the Singer and Vaughn stuff. Much better than what we've seen them do with FF, or what WB has done with DC.