If anything, they should do it as a traditionally animated film. I can't picture Yogi live-action and I don't want to.
Just imagine if they got Mike Myers to play Yogi *Shudders at the thought*
Seems Hollywood really is planning to make a live action version of just about every cartoon, anime, comic, book, etc. under the rainbow. I mean live action Yogi Bear?! How can you make a movie about a character whose only motivation was stealing picnic baskets?