I really like the character.
Like the Fairbanks film, love the Tyrone Power film, and loved the Disney TV version as a kid.
Can't say I have much enthusiasm for this, though. What's the point of bringing it into the future or present day? It just becomes Batman. The setting of old California is so much of the identity of the thing.
BTW, I really recommend the old Disney Zorro comic tie-in by Alex Toth. It's Zorro by one of the best cartoonists of all time!