APPLAUSE is one of those shows that I wish someone would take another crack at one day. I don't really mean a revisal of APPLAUSE, but rather than a new team of writers might go back to the screenplay and/or the short story and just start again and write a new musical based on the source material. From all reports, there's just no fixing APPLAUSE, but it's still a great story.
SUGAR and VICTOR/VICTORIA are other shows that I think this about.
There might be great musicals in these stories...but the shows we got were not those great musicals.