This is an amazing idea. I don't even care if it's terrible. More shows need to do this. It's better than a reunion. Bring the show back after 15-20 years and see how the characters have grown up. I know everybody wants Mr. Feeny in it...but logistically, it really doesn't make any sense...and it wouldn't really be essential to the new show. Getting Ben Savage and Danielle Fischel would be though. Without them, it might as well be any other new Disney show for tweens. I'd be surprised if they got Will Friedle, Rider Strong, etc. as regulars...but some cameo appearances would be awesome.
Honestly, I'll be impressed if this show just actually sees the light of day. This idea just seems way too good to be true. The world isn't a good enough place for this kind of thing to actually materialize, lol. It just seems like the kind of thing that is destined to be a hoax. Even the article gives off that kind of vibe.
As for comparing Boy Meets World to Saved By the Bell, I loved SBtB, but episodes of Looney Tunes had more coherence and continuity. SBtB was like Barney for teens. Looking back at it, I really don't get the point of the show. It was way too corny for high schoolers to watch, but the subject matter really didn't relate to a younger crowd either. It was just such an odd fit for a show. I don't know how it ever worked.